#TradingStrategyMistakes

🔻 Key Mistakes in Trading Strategies:

1. Lack of a Clear Trading Plan

Random trading without rules leads to emotional decisions and repeated losses.

2. Neglecting Risk Management

Risking a large percentage of capital on a single trade can quickly lead to account liquidation.

3. Ignoring or Over-Relying on Indicators

Using too many indicators can cause confusion, while ignoring them completely may prevent you from confirming trends.

4. Holding onto Losses for Too Long

Refusing to acknowledge a loss and exit in a timely manner leads to ballooning losses.

5. Greed After the First Profit

Trying to "ride the wave" after a successful profit without analysis often leads to losses.

6. Not Testing the Strategy (Backtesting)

Relying on an untested strategy exposes you to the unknown.

7. Constantly Changing the Strategy

Not sticking to a single strategy yields random and unmeasurable results.

8. Failing to Follow News or Influential Events

Financial markets are affected by news, and ignoring it may undermine even the strongest strategies.