Trading can be exciting, profitable, and life-changing. But for most beginners, it’s also full of traps. Mistakes are part of the learning process — but avoiding the common ones can save your money and time.
Here are the top 10 trading mistakes new traders make, and how you can steer clear of them:
Jumping into trades without a clear strategy is like driving without a map. You might get somewhere… but probably not where you want.
✅ Fix: Always have a trading plan with entry, exit, risk, and profit targets.
New traders often “go all in” hoping for quick profits. This can wipe out your capital.
✅ Fix: Never risk more than 1–2% of your trading account on a single trade.
Skipping stop-loss is like skydiving without a parachute. You won’t land safely.
✅ Fix: Always set a stop-loss to protect your capital.
Trying to trade every move in the market drains your account and your mental energy.
✅ Fix: Focus on quality setups, not quantity.
Fear and greed are the enemies of smart trading. Don’t chase losses or get overconfident after a win.
✅ Fix: Stick to your plan, no matter what.
Many traders blindly follow “gurus” on Telegram or Instagram without understanding the strategy.
✅ Fix: Learn the why behind every trade. Trust your own analysis.
The markets are a battlefield. Without proper training, you’re unarmed.
✅ Fix: Invest in learning. Follow trusted courses like RAC Educator’s RMS Trading Series.
Jumping straight into real money trading without practice is dangerous.
✅ Fix: Use demo accounts to test your strategy risk-free.
How will you improve if you don’t know what went wrong?
✅ Fix: Maintain a trading journal. Review it weekly.
Trading is not a lottery. It’s a business. Those who treat it like gambling lose fast.
✅ Fix: Set realistic goals. Focus on consistent small wins.
Success in trading is not about being perfect — it’s about being disciplined, informed, and consistent. Avoiding these mistakes can take you miles ahead of 90% of beginner traders.
If you want a guided path, join RMS: Reversal Market Structure series on our YouTube channel. Learn live with real examples and mentorship.
Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean.
A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences fly into your mouth.
The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen. She packed her seven versalia, put her initial into the belt and made herself on the way.
Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar.
John Doe
She packed her seven versalia, put her initial into the belt and made herself on the way.
When she reached the first hills of the Italic Mountains, she had a last view back on the skyline of her hometown Bookmarksgrove, the headline of Alphabet Village and the subline of her own road, the Line Lane.
Pityful a rethoric question ran over her cheek, then she continued her way. On her way she met a copy.
The copy warned the Little Blind Text, that where it came from it would have been rewritten a thousand times and everything that was left from its origin would be the word “and” and the Little Blind Text should turn around and return to its own, safe country.
And if she hasn’t been rewritten, then they are still using her. Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts.
Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia.
It is a paradisematic country, in which roasted parts of sentences fly into your mouth.
Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar.
The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen. She packed her seven versalia, put her initial into the belt and made herself on the way. When she reached the first hills of the Italic Mountains, she had a last view back on the skyline of her hometown Bookmarksgrove, the headline of Alphabet Village and the subline
Welcome, it’s great to have you here. 📈 Best Trading Apps in 2025: Which One…
❌ 1. Trading Without a Plan Jumping into trades without a clear strategy is like…
It was one of the worst storms to hit London since God knows when. The…
The Ghost editor has everything you need to fully optimise your content. This is where…
Spain is home to some of the most stunning architecture in Europe, known throughout the…
There are three primary ways to work with third-party services in Ghost: using Zapier, editing…
View Comments
There is no universally accepted definition of a mountain. Elevation, volume, relief, steepness, spacing and continuity have been used as criteria for defining a mountain.