Every New Trader Makes 6 Mistakes
> **Avoid these if you want to grow fast and lose less.**
1️⃣ **Jumping In Without a Plan**
Trading without a clear strategy is like gambling. Know your entry, exit, and risk tolerance **before** you enter any trade.
2️⃣ **Risking Too Much on One Trade**
Never risk more than 1-2% of your capital. One bad trade shouldn’t wipe out your account.
3️⃣ **Overtrading**
More trades ≠ more profit. Overtrading drains your focus, capital, and confidence.
4️⃣ **Ignoring Stop-Losses**
Hope is not a strategy. Always set a stop-loss and stick to it — it's your defense against emotional decisions.
5️⃣ **Revenge Trading**
Lost money? Don’t rush to get it back. It leads to bigger mistakes and deeper losses.
6️⃣ **Following the Crowd Blindly**
Social media hype can mislead. Do your own research (DYOR) and trust your analysis.
---
🎯 **Pro Tip:** Start small, stay disciplined, and focus on learning — profits will follow.
🔁 Share this with a new trader who needs to see it!
