#NasdaqETFUpdate

Trading Mistakes 101: Avoid These Common Pitfalls

Whether you're a beginner or brushing up your skills, avoiding these classic trading mistakes can save your portfolio and your sanity. Let’s break them down 👇

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1. FOMO (Fear of Missing Out)

Jumping into a trade because “everyone’s doing it” usually ends in regret. Price pumps are exciting—but buying without a plan is dangerous. Always do your own research.

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2. Overleveraging

Using high leverage can amplify gains—but it also magnifies losses. One wrong move, and you're liquidated. Know your risk tolerance and use leverage wisely.

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3. No Stop-Loss Strategy

Not setting a stop-loss is like driving without brakes. Markets are unpredictable—protect your capital with clear exit rules.

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4. Revenge Trading

Just took a loss? Don’t jump back in emotionally trying to “win it back.” Step away. Reassess. Trade with a clear head.

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5. Ignoring Risk Management

Putting all your funds into one trade or coin? That’s gambling. Diversify and only risk a small percentage per trade (1-2% is a good benchmark).

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6. Lack of a Trading Plan

If you’re trading based on gut feeling, it’s time to pause. Define your entry, target, stop-loss, and strategy before entering the market.

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7. Following the Herd Blindly

Just because a coin is trending doesn’t mean it’s a good trade. Avoid copy-pasting trades from social media without understanding the rationale.

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8. Not Keeping a Trading Journal

Tracking wins and losses helps you spot patterns and improve. Journaling = growth. Don’t skip it.

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🧠 Final Tip:

Discipline beats excitement. The best traders aren’t lucky—they’re consistent, risk-aware, and constantly learning.

What’s a trading mistake you wish you had avoided earlier? Share below ⬇️