#TradingStrategyMistakes Common Trading Strategy Mistakes to Avoid

Trading can be highly profitable, but many traders fall into common strategy mistakes that cost them money and confidence. One major mistake is lack of a clear plan—jumping into trades without defined entry, exit, and risk rules often leads to emotional decisions. Another is overtrading, where traders place too many trades out of boredom or greed, ignoring proper analysis.

Ignoring risk management is also a critical error. No matter how good the strategy is, failing to use stop-losses or risking too much per trade can wipe out accounts quickly. Some traders also chase the market, entering trades too late after a trend has already moved significantly.

Lastly, a big mistake is not reviewing and adjusting strategies. The market changes, and what worked yesterday may not work tomorrow. Successful traders learn from their mistakes, stay disciplined, and continuously improve their strategies.