#TradingStrategyMistakes
Many traders fall into common traps that sabotage their success. One major mistake is lack of discipline, where emotions override strategy. Others ignore risk management, overleveraging positions and exposing their capital. Chasing losses or revenge trading often leads to greater damage. Some traders fail to adapt strategies to changing market conditions, relying on outdated methods. Overtrading without clear setups drains accounts over time. Also, neglecting to backtest or analyze results prevents learning and improvement. Finally, ignoring news or fundamentals in volatile environments can turn technical strategies into liabilities. Avoiding these mistakes is crucial for consistent, long-term trading success.