#TradingMistakes101

Many new traders face common mistakes that lead to unnecessary losses. Among the most prominent is trading without a clear plan, as some lack a strategy that defines entry and exit points. Additionally, overtrading due to greed or overconfidence can lead to capital erosion. Not using stop-loss orders is also a major mistake, as it can result in significant unexpected losses. Ignoring risk management, such as risking a large percentage of capital on a single trade, is one of the most significant errors. Finally, emotional influence, such as making decisions under the pressure of fear or greed, can ruin any trading plan. Success in trading requires discipline, continuous learning, and avoiding these fundamental mistakes.