Emotion-based trading: Avoid making decisions based on fear, greed, or other emotions. Emotional trading can lead to impulsive actions and losses.
Overtrading: Don't trade excessively or without a clear strategy. Overtrading can lead to unnecessary risks and losses.
Ignoring risk management: Failing to implement risk management strategies can expose you to significant losses. Always consider risk when making trading decisions.
Remember that trading involves risks, and it's important to educate yourself, practice, and approach it with a disciplined mindset.
