Taking loan for trading with broker Taking loan for buying challanges Overtrading after a loss and make your loss big
Over leveraging is the worst mistake a trader can do or you can say over risking, yes 1 tp can make 1000s of dollars but 1 sl will liquidate you no questions asked
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Doing trading without setting proper sl, 1 moment of volatility and acount cleared.
The biggest mistake is not cutting losses on time. Many traders ignore their stop loss and keep hoping the market will recover. On top of that, overtrading and risking too much on a single trade can quickly wipe out an account. Most of the time, it's not the strategy that fails it's emotions taking over.
