#TradingMistakes101 #Tradersleague Top Trading Mistakes to Avoid

1. FOMO (Fear of Missing Out)

Jumping into a trade because "everyone else is doing it" usually ends badly.

✅ Fix: Stick to your plan. Don't chase pumps.

2. No Stop Loss

Not setting stop-loss orders can turn small losses into devastating ones.

✅ Fix: Always define your risk before entering a trade.

3. Overtrading

Too many trades = higher fees and emotional burnout.

✅ Fix: Focus on quality setups, not quantity.

4. Lack of a Trading Plan

Trading on impulse or gut feelings leads to chaos.

✅ Fix: Have clear entry, exit, and risk management rules.

5. Revenge Trading

Trying to “win back” losses usually leads to bigger ones.

✅ Fix: Take a break. Review your strategy.

6. Ignoring Risk Management

Going all-in or risking more than 1–2% of your capital per trade is dangerous.

✅ Fix: Size positions based on risk, not greed.

7. Not Keeping a Journal

If you're not tracking your trades, you're not learning.

✅ Fix: Record why you entered/exited every trade.

8. Blindly Following Influencers

Just because someone on Twitter said "Buy now!" doesn't mean you should.

✅ Fix: Do your own research (DYOR).

9. Emotional TradingFear, greed, or panic can hijack good decision-making.✅ Fix: Use automation or stick to mechanical rules.10. Ignoring the Bigger PictureTrading without understanding macro trends or fundamentals is risky.✅ Fix: Stay informed about the market environment.