#TradingStrategyMistakes

Many traders make common mistakes when implementing trading strategies, leading to unexpected losses. Some of the most notable mistakes include not adhering to a pre-defined plan and being influenced by emotions such as fear or greed, driving them to make hasty decisions. Ignoring risk management is also a fatal mistake, as a trader may risk a large portion of their capital on a single trade. Using strategies that are not understood or imitating others without testing them is also a common mistake. Additionally, overtrading consumes capital and reduces focus. To avoid these mistakes, traders should exhibit discipline, adhere to capital management, and develop strategies based on analysis and practical testing.