#TradingStrategyMistakes ## Trading Strategy Mistakes 😬💸
Avoid these common errors to protect your capital:
1. **📝 No Plan:** Trading without clear entry/exit rules or goals. *Result:* Random, emotional decisions.
2. **🔁 Overtrading:** Taking too many trades, especially when bored or chasing losses. *Result:* High fees & bigger drawdowns.
3. **⚠️ Ignoring Risk:** Not using stop-losses or risking too much per trade (>1-2% of capital). *Result:* One bad trade wrecks you.
4. **😱 Emotional Trading:** Letting fear (selling early) or greed (holding losers) drive actions. *Result:* Missing your strategy.
5. **🏃 Chasing Performance:** Jumping into hot trends too late. *Result:* Buying high, selling low.
6. **🔍 No Review:** Not tracking trades or analyzing why wins/losses happened. *Result:* Repeating mistakes.
**💡 Fix It:** Have a written plan, manage risk ruthlessly, stay disciplined, and review often! 🙏✅