#TradingStrategyMistakes
Common Trading Strategy Mistakes
Avoid these common mistakes to enhance your chances of success in trading:
Lack of a clear plan: Starting trading without setting goals, entry and exit points, and clear risk management.
Emotional trading: Making decisions based on fear or greed instead of logical analysis and the established plan.
Not backtesting the strategy: Using a strategy in the real market without ensuring its historical effectiveness.
Overtrading: Entering a large number of unnecessary trades, increasing fees and risks.
Ignoring risk management: Not determining the appropriate trade size or not using stop-loss orders, exposing capital to significant risks.