#COMMONMISTAKESTRADERSMAKE
EPISODE 1
Mistake 1: TRADING WITHOUT A PLAN
Most traders
don’t lose money because the market is bad…
They lose because they enter a trade with vibes and exit with emotions.
A trade
without a plan is like entering the highway with no brakes, anything can happen.
Here’s what you must have before clicking BUY or SELL:
~> Entry point — Why exactly are you entering?
~> Exit point — Where will you take profit?
~> Stop-loss — At what point will you admit the trade is invalid?
~> Risk size — How much are you willing to lose?
~> Time frame — Is this a scalp, swing, or long-term play?
If you can’t answer these before entering, you’re not trading… you’re gambling with premium confidence.
👉 Lesson: A clear plan removes fear, greed, panic, and emotional decisions.
Follow @Primethetrader1 for more trading Updates.
