❌#TradingMistakes101 – Avoid Trading Mistakes 💡
Trading can be risky if certain mistakes are not avoided.
🚩 Common Mistakes:
1. Not having a plan – Lack of strategy leads to impulsive decisions.
2. Overusing leverage – Leverage amplifies gains, but also losses.
3. Blindly following trends – The market can be unpredictable, do your own research!
🧠 How to Avoid Mistakes:
Manage your risks with stop-loss orders.
Be patient and thoughtful before each trade.
Analyze charts and fundamental data.