#TradingStrategyMistakes
🧠 1.
Lack of a clear plan
• Entering the market without a defined strategy (such as entry and exit points, trade size, risk management).
• Trading based on emotion or 'gut feeling'.
📊 2.
Ignoring risk management
• Not using stop loss.
• Opening large positions compared to capital.
• Ignoring the risk to reward ratio.
⏱ 3.
Random entry and exit
• Constantly changing strategy after every loss.
• Jumping between different strategies without adequately testing them (Strategy Hopping).
😨 4.
Emotional trading (greed or fear)
• Exiting a trade early out of fear of loss.
• Holding onto a losing trade in hopes it will turn around.
• Opening many positions driven by greed or to recover losses.