Most traders lose money in their first year. I was one of them.

Here are the 3 biggest mistakes that cost me thousands — and the exact changes that turned things around:

1. Trading without a plan

I used to open charts and just... react. No predefined entries, no stop losses, no target. Just vibes. The fix? I started writing down my exact entry, stop, and target BEFORE I enter any trade. If I can't define all three, I don't take the trade.

2. Oversizing positions

One "sure thing" trade wiped out two weeks of gains. Now I never risk more than 1-2% of my account on a single trade. Boring? Maybe. But my equity curve stopped looking like a rollercoaster.

3. Revenge trading

After a loss, I'd immediately try to "make it back." That's how one bad trade becomes three. Now I have a rule: after 2 consecutive losses, I close the charts for the day. No exceptions.

The best traders aren't the ones who never lose — they're the ones who manage risk like it's their job. Because it is.

I share my daily setups, live alerts, and chart analysis inside Avy Markets. 3 weeks free if you want to see how I trade.