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📉 5 COMMON MISTAKES TO AVOID IN TRADING 🧠💸

Trading can be an exciting adventure, but it's easy to fall into certain traps, especially when you're just starting. Here are 5 common mistakes that can be costly… and how to avoid them 👇

1️⃣ Not having a plan

➡️ Trading without a strategy is like navigating without a compass. Set yourself goals, risk management, and an exit point before each trade.

2️⃣ Letting emotions take over

➡️ Fear and greed are the trader's enemies. Stay rational and discipline yourself, even in volatile moments.

3️⃣ Ignoring risk management

➡️ Never risk more than 1 to 2% of your capital per trade. A good trader thinks first about protecting their capital.

4️⃣ Following others without understanding

➡️ Copying signals without understanding the logic behind them is dangerous. Educate yourself, learn technical and fundamental analysis.

5️⃣ Overtrading

➡️ More trades do not mean more profits. Stay patient, wait for the right opportunities.

🔁 Share if you want to help other traders avoid these traps.

💬 Let us know in the comments what mistake you've already made (we've all been there 👇)

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