#TradingStrategyMistakes One of the most common mistakes in trading strategies is operating without a defined plan. Many traders act on impulse or follow emotions like fear or greed, which leads to irrational decisions. Another frequent mistake is not managing risk properly, investing more than one can afford to lose. There is also the error of not following a proven strategy or constantly modifying it in response to small losses. Lack of discipline, overtrading, and not learning from past mistakes are critical failures. To succeed, it is essential to maintain a solid and consistent strategy.