#TradingStrategyMistakes Many traders on Binance make common strategy mistakes that lead to losses. One major error is overleveraging, where traders use excessive borrowed funds, increasing risk. Another mistake is lacking a clear plan or risk management strategy, such as setting stop-losses or take-profit targets. Emotional trading—buying or selling based on fear or greed—also leads to poor decisions. Ignoring market trends and technical indicators often results in mistimed trades. Many users blindly follow social media hype without doing proper research. Additionally, not diversifying and investing all funds in one asset can be risky. Consistency, discipline, and education are key to avoiding these pitfalls.