#TradingMistakes101

Trading mistakes are behaviors or incorrect decisions that can lead to financial losses, and both beginner and professional traders can fall into them. Among the most prominent mistakes: trading without a clear plan or strategy, leading to random decisions. Additionally, relying on emotions such as fear or greed may push the trader to enter or exit a trade at the wrong time. Common mistakes also include not using a stop loss, which exposes the account to significant losses. Moreover, overtrading due to excessive confidence or the desire for quick recovery is dangerous. Also, not managing capital properly can lead to account depletion. To avoid these mistakes, a trader must adhere to the plan, learn from experience, and manage risks wisely and with discipline.