#TradingMistakes101 Fear and greed are your greatest enemies. When you see the market collapsing, do not sell at a loss without a plan. And when you see it rising, do not enter late out of greed.
🔸 2. Lack of trading plan:
Entering randomly without setting clear objectives (entry point, target, stop loss) = repeated losses.
🔸 3. Excessive risk:
Entering a position with all your capital or with high leverage can wipe out your account in an instant. Capital management is more important than the trade itself.
🔸 4. Ignoring analysis:
Whether you rely on technical or fundamental analysis, completely ignoring any analysis is gambling, not trading.
🔸 5. Trading during major news:
Economic data or tweets from influencers can reverse the market in moments. Avoid entering during news if you are not a professional to handle it.