6 Common Trading Mistakes to Avoid at All Costs
- Emotional Trading: Making decisions based on fear or greed instead of analysis
- Lack of Risk Management: Not setting stop-losses or position sizing properly
- Overtrading: Making too many trades without proper strategy
- Ignoring Market Trends: Fighting against the overall market direction
- Poor Money Management: Risking too much capital on single trades
- No Trading Plan: Entering trades without clear entry and exit strategies
Successful trading requires discipline, continuous learning, and strict adherence to proven strategies. Avoid these common pitfalls to improve your trading performance and protect your capital.