What is the biggest mistake new traders make?

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I want to avoid common pitfalls. What are the biggest mistakes you see beginners make over and over again?

👍🔥📈15 reactions3 answers

💡 3 Answers

✅Best Answer

Wolf Alpha

Trader · 15 days ago

Over-trading is number one. New traders feel they need to be in a trade at all times. Most days I do not trade at all.

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Wolf Cub

Trader · 15 days ago

Not having a stop loss — or removing it when price gets close. This is how accounts blow up.

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Market Hawk

Trader · 15 days ago

Risking too much per trade. If you risk 10% per trade, three losses wipes 30% of your account. Stay at 1-2%.

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