#TradingStrategyMistakes
Many traders fall into common strategy mistakes that lead to losses. One major error is overcomplicating strategies, adding too many indicators without understanding them. Ignoring risk management, like trading without stop-loss orders, increases vulnerability to big losses. Chasing the market or revenge trading after a loss leads to emotional decisions. Some blindly copy others’ strategies without adapting to their style or market conditions. Lack of backtesting is another flaw—untested strategies often fail in real scenarios. Also, not adapting to changing market trends can render a once-profitable strategy ineffective. A good strategy requires discipline, adaptability, and constant evaluation.