#TradingStrategyMistakes
Top Trading Strategy Mistakes
1. Lack of a Clear Strategy
Mistake: Trading based on emotions, rumors, or random tips.
Solution: Define your strategy clearly: entry/exit points, stop-loss, risk-reward ratio, and trade size.
2. Overtrading
Mistake: Taking too many trades due to boredom, excitement, or revenge trading.
Solution: Stick to quality setups only. Fewer high-probability trades beat random frequent ones.
3. Poor Risk Management
Mistake: Risking too much per trade or not using stop-loss.
Solution: Risk only 1-2% of your capital per trade. Always use a stop-loss.
4. Chasing the Market (FOMO)
Mistake: Entering trades late after big moves out of fear of missing out.
Solution: Wait for pullbacks or confirmation before entering. Never chase candles.
5. Ignoring Market Conditions
Mistake: Using the same strategy in all market conditions (e.g., trending vs. sideways).
Solution: Adapt strategy to the market — use trend-following in trending markets, range strategies in sideways.