#TradingMistakes101
New traders often make costly mistakes. Common errors include trading without a plan, letting emotions drive decisions, and chasing hype or "hot tips." Overleveraging can quickly lead to large losses. Ignoring risk management, like stop-loss orders, increases danger. Many fail to do proper research or misunderstand market trends. Impatience and fear of missing out (FOMO) often lead to poor timing. Lack of discipline and unrealistic profit expectations hurt long-term success. Avoiding these pitfalls requires education, strategy, and emotional control. Start small, stay informed, and always learn from each trade. Smart trading is consistent, cautious, and calculated—not impulsive.