Even experienced traders fall into the same traps repeatedly. Here are the mistakes I notice most often:
Overtrading:
Jumping into too many trades at once or chasing every signal.
Leads to stress, mistakes, and often losses.
Ignoring Risk Management:
No stop-loss or position sizing plan.
One wrong move can wipe out weeks of profits.
Emotional Decisions:
Fear and greed drive exits and entries.
Overreacting to short-term price swings is a recipe for losses.
Exiting Too Early or Too Late:
Selling before the full move or holding during a clear reversal.
Both actions reduce potential profits.
Blindly Following Others:
Copying trades without understanding the setup.
What works for one trader may not fit your strategy.
💡 Pro Tip: Keep a trading journal. Review mistakes weekly. Patterns repeat but learning from them gives you an edge.