🟥 Common mistakes made by beginner traders and how to avoid them 👇
♦️Overtrading - Limit the number of trades per day.
♦️Lack of a trading plan - Develop a strategy and stick to it.
♦️Failure to use stop-loss orders - Always use a stop loss.
♦️Risking too much capital - Don't risk more than you can afford.
♦️Trading on emotions - Keep emotions in check.
♦️Chasing losses - Don't try to make up for losses by overtrading.