Emotional Mistakes

Overtrading: Entering too many trades in a short period due to excitement or FOMO.

FOMO (Fear of Missing Out): Jumping into a trade just because the price is moving fast, without analysis.

Revenge Trading: Trying to “win back” losses by taking impulsive trades.

Ignoring Your Plan: Letting emotions override your trading rules.

2. Risk Management Mistakes

No Stop-Loss: Not setting a stop-loss, risking bigger losses than intended.

Risking Too Much: Placing trades that could wipe out a large portion of your account.

Ignoring Position Sizing: Not adjusting trade size according to account size or volatility.

Overleveraging: Using excessive leverage that can quickly lead to liquidation.