š« 5 mistakes that most beginners make in trading (and cause the biggest losses)
Educational content ā I shared it from my experience as a beginner to help others avoid the same mistakes.
1ļøā£ Entering trades without a plan
The biggest mistake! A trade without a target and stop loss = uncalculated risk.
Advice: Your plan is more important than your feelings about the market.
2ļøā£ Trading driven by fear or greed
After a strong rise⦠I fear missing the opportunity and enter wrongly.
After a loss⦠I try to recover quickly.
Lesson: Emotions are the trader's greatest enemy.
3ļøā£ Relying on ready-made recommendations
Groups, rumors, a lot of talk⦠but without real analysis.
Advice: Analyze for yourself, and ensure your information sources are reliable.
4ļøā£ Changing the strategy every day
I tried hundreds of indicators⦠without commitment.
Result: Unstable results.
Advice: Choose a simple method and test it before relying on it.
5ļøā£ Entering with a size larger than the account
Most big losses came due to high risk.
Lesson: Capital management is more important than anything else.
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šÆ The goal of this post
To help beginners build a solid start, because every mistake I made was an important lesson.
If you are new to trading, I hope you avoid these mistakes and start with a clear plan.
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#learnAndEarn #BeginnerTradingTruths #RiskManagement