#TradingStrategyMistakes Avoiding pitfalls is essential for success in trading. Many beginners dive in without a clear plan, letting emotions guide their decisions. A common mistake: neglecting risk management and betting everything on a single trade. Others overlook the importance of backtesting their strategy before applying it in real scenarios. Misinterpreting technical signals or chasing losses can also ruin an account. To progress, one must analyze their mistakes, document their trades, and remain disciplined. The market rewards patience and rigor. By identifying these traps, you will develop a stronger approach, ready to face volatility and aim for sustainable results.