#TradingMistakes101 📉 #TradingMistakes101

Common mistakes that every beginner trader (and even experienced ones) should avoid:

1. Jumping on the hype without analysis

🚫 Buying because "everyone is buying" is a classic trap.

✅ Do your own technical and fundamental analysis.

2. Ignoring risk management

🚫 Trading without a stop loss is like driving without brakes.

✅ Set loss limits and use appropriate position sizing.

3. Overtrading

🚫 Too many trades in succession increase risk and stress.

✅ Less is more: only enter clear setups with good probabilities.

4. Not following the trading plan

🚫 Changing your mind mid-trade out of fear or greed.

✅ Plan your entry, target, and exit – and stick to the plan.

5. Letting emotions control decisions

🚫 Fear, euphoria, and FOMO (fear of missing out) are enemies of profit.

✅ Develop emotional discipline and stay calm.

6. Not studying or reviewing your trades

🚫 Repeating the same mistakes due to lack of self-criticism.

✅ Keep a trading journal. Learning from the past is faster evolution.

7. Using excessive leverage

🚫 Trading with money you can't afford to lose.

✅ Use leverage cautiously. Protect your capital.

📌 Remember: making mistakes is part of the journey, but repeating the same mistakes is optional.

Learn, adapt, and evolve!