#TradingStrategyMistakes
Top 5 Trading Strategy Mistakes That Drain Your Portfolio 📉
1. No Clear Plan – Jumping into trades without a defined entry, exit, and risk level is gambling, not strategy.
2. Overtrading – Trading too frequently or with high leverage leads to unnecessary losses. Quality > quantity.
3. Ignoring Risk Management – Failing to use stop-loss or position sizing can wipe you out, even with a good strategy.
4. Chasing the Market – Reacting emotionally to pumps and dumps often ends in losses. Patience pays.
5. Lack of Backtesting – If you haven’t tested your strategy over historical data, you’re flying blind.
Mistakes are part of the game, but repeating them is costly. Learn, adapt, and evolve. 💡