#TradingMistakes101

Common trading mistakes to avoid:

1. Lack of Research – Trading without understanding the market or the asset can lead to poor decisions.

2. Emotional Trading – Letting fear or greed drive trades often results in losses.

3. Overtrading – Making too many trades can increase fees and risk without improving profits.

4. Ignoring Risk Management – Not using stop-loss or take-profit limits can lead to large losses.

5. Chasing the Market – Jumping into trades based on hype or sudden moves can lead to buying high and selling low.

6. No Trading Plan – Trading without clear goals or strategies causes inconsistent results.

7. Using Too Much Leverage – High leverage increases both potential gains and losses, making trades riskier.

8. Failure to Learn from Mistakes – Repeating errors without analyzing them limits improvement.

9. Ignoring Fees – Overlooking trading and network fees can eat into profits.

10. Poor Timing – Entering or exiting trades at the wrong time due to impatience or lack of analysis.

Look at my trade. It incorporates all mistakes mentioned above.