#TradingMistakes101 Mistakes are common for experienced traders and new investors.

Make sure you have a trading plan, stop chasing performance, and rebalance your portfolio often.

Don't ignore risk aversion, your time horizon, and stop-loss orders.

Stop letting your losses grow, adding to your losing positions, and accept your losses.

Don't buy into the hype, diversify your portfolio, and leave day trading to the experts.