#TradingStrategyMistakes

Top-5 mistakes in trading strategies to avoid.

1. Lack of a clear plan.

Many enter the market without a systematic strategy, guided by emotions. Always have a plan for when to enter the market, when to exit, and what risk is acceptable.

2. Overtrading.

The more trades, the more emotions and mistakes. Focus on quality signals that align with the established strategy.

3. Ignoring risk management.

Focusing solely on profits is a common cause of significant losses. Use stop losses, calculate the trade volume, and never risk more than 1-2% of the deposit on a single trade.

4. Following news and "hype."

The market often moves against the emotional majority. Trust your analysis and stick to your chosen tactics.

5. Lack of analysis of past trades.

Without self-reflection, there will be no progress.

Keep a trading journal, analyze your decisions, and improve your approach.

Trading is a marathon, not a sprint.

Newcomers can consider the following:

1. Start with education. Without a basic understanding of the market, do not enter real trades.

2. Trade on a demo account.

3. Find your trading style.