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Every trader starts with the goal of making a profit, but many lose due to simple mistakes that are repeated by beginners and even some professionals. Here are the most important mistakes to avoid 👇
🔸 1. Trading with Emotion:
Fear and greed are your biggest enemies. When you see the market crashing, don't sell at a loss without a plan. And when you see it rising, don't enter late out of greed.
🔸 2. Lack of a Trading Plan:
Random entry without setting clear goals (entry point, target, stop loss) = repeated losses.
🔸 3. Excessive Risk:
Entering a trade with all your capital or using high leverage can destroy your account in an instant. Managing your capital is more important than the trade itself.
🔸 4. Ignoring Analysis:
Whether you rely on technical or fundamental analysis, complete neglect of any analysis is gambling, not trading.
🔸 5. Trading During Strong News:
Economic data or influencer tweets can flip the market in moments. Avoid entering during news if you are not a professional in handling it.
🔸 6. Chasing the Market (FOMO):
Saw a coin rising? Don't enter without studying just because "everyone is talking about it." Those who bought early are different from those who bought late!
✅ Remember: Trading is not just a skill, but psychological discipline and continuous learning. Every mistake is a lesson, and the important thing is not to repeat it.
What is the biggest mistake you've made and learned from?