thanks for the upate
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📉 7 Beginner Trading Mistakes That Will Blow Up Your Account (and how to avoid them)
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Precious
65 days ago1/
Most traders don’t fail because of bad strategies.
They fail because of bad habits.
Here are 7 mistakes I wish I avoided when I first started trading 👇
2/
❌ Overtrading
Jumping into every setup you see is the fastest way to lose money.
✅ Wait for high-probability setups. Quality > Quantity.
3/
❌ No Risk Management
Risking half your account on one trade = disaster.
✅ Stick to risking 1–2% per trade. Protect capital first.
4/
❌ Revenge Trading
Lost a trade? Don’t try to “win it back” immediately.
✅ Walk away. Review what went wrong. Patience = profits.
5/
❌ Trading Without a Plan
If you don’t know your entry, stop loss, and target before entering… you’re taking risk
✅ Always set your Entry, SL, TP in advance.
6/
❌ Ignoring Emotions
Fear & greed ruin more accounts than bad analysis.
✅ Journal your trades. Track your emotions. Learn your triggers.
7/
❌ High Leverage Addiction
25x or 50x leverage looks fun… until liquidation wipes you out.
✅ Use leverage wisely. It’s a tool, not a lottery ticket.
8/
❌ Chasing Signals
Blindly copying others without understanding why.
✅ Learn the reasoning behind every trade. Education > shortcuts.
9/
💡 The truth:
Trading is not about winning every trade.
It’s about protecting your capital and letting probabilities work over time.
10/
If you avoid these 7 mistak
es, you’re already ahead of 90% of traders. 🚀