#TradingMistakes101 Success in trading begins with recognizing one's own mistakes. One of the biggest is trading without a clear plan. Often, beginners open positions based solely on emotions or "advice from the internet," forgetting about risk management. Without a strategy, trading turns into a gambling game. Another typical mistake is overconfidence after a few successful trades, leading to unwarranted risk. Even experienced traders can fall into this trap. Learn to be disciplined, keep a trade journal, and always analyze your actions. Mistakes are part of the journey, but the key is to learn from them.