#TradingStrategyMistakes
Many traders fail due to common strategy mistakes. One major error is emotional trading—letting fear or greed override discipline. Another mistake is overtrading, driven by the urge to recover losses or chase quick profits. Ignoring risk management, like not setting stop-loss orders, can wipe out an account. Lack of backtesting is also critical—trading without testing strategies on historical data often leads to failure. Some traders follow trends blindly without understanding market conditions. Others use too many indicators, creating confusion instead of clarity. Avoiding these mistakes and maintaining a clear, consistent plan is key to long-term trading success.