#TradingMistakes101

Many new traders make mistakes that significantly impact their profits. Some of the most common mistakes include entering a trade without a clear plan or without defining entry and exit points. Additionally, ignoring capital management is considered one of the most dangerous issues. A trader must be patient and not chase the market randomly. Other mistakes include buying at the market peak due to fear of missing out (FOMO). Continuous learning and market analysis are the foundation of any success.1

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