#TradingMistakes101 ## **1. No Trading Plan (Flying Blind)**

❌ **Mistake:** Trading based on emotions, hype, or FOMO.

✅ **Fix:** Create a **trading plan** with:

- Entry/exit rules

- Risk management (stop-loss, position sizing)

- Clear strategy (swing trading, scalping, etc.)

**Pro Tip:** Stick to your plan—don’t deviate because of a "hot tip."

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## **2. Ignoring Risk Management (Blowing Up Accounts)**

❌ **Mistake:** Risking 50%+ of capital on one trade.

✅ **Fix:** Follow the **1-2% Rule**—never risk more than 1-2% of your account per trade