🔻 Common Mistakes of Beginners in Trading 🔻
And why you shouldn't dive into it headfirst.
Many believe that trading is easy money. In reality, it's discipline, stress, and self-improvement. Here are the 5 most common mistakes beginners make:
1️⃣ Expectations ≠ Reality
It seems simple: buy cheap — sell dear. But the market can move against you for no apparent reason.
2️⃣ Trading "by eye"
Beginners often open trades without a clear plan. Or they follow "signals" from chats. This is not a strategy, it's a lottery.
3️⃣ Emotions
Greed and fear drive actions. Some are afraid to exit a loss, while others lock in profits too early. Emotions = trader's enemy.
4️⃣ Overtrading
After losses, there’s a desire to "make up for it". Meaningless trades are opened one after another. And in the end — a loss.
5️⃣ Ignoring Risks
No stops, entering with the entire deposit, averaging down endlessly. All of this sooner or later leads to loss of funds.
💬 What to do?
If you are a beginner — start with education. Work with demo accounts or small amounts. Don't hope for quick returns. It's important to preserve capital, not to double it in a day.
📌 Trading is not a game, but a serious skill.