#TradingStrategyMistakes
🚫 Trading Strategy Mistakes 101 🚫
(Don’t get REKT 💀, learn these first!)
📉 1. FOMO (Fear of Missing Out)
Jumping in when price is 🚀 just ‘cause everyone’s hyped? BAD MOVE.
👉 Buy with logic, not panic.
🤯 2. No Plan = No Gains
Trading without a strategy = gambling at the casino 🎰
✔️ Know your entry, exit, SL, TP before you press BUY.
📛 3. Ignoring Risk Management
Going ALL IN on 1 coin? 😬
💡 Rule: Never risk more than 1-2% per trade.
🔁 4. Overtrading
More trades ≠ more profits.
📉 It often means more fees & more losses.
🧠 5. Emotional Trading
Rage selling 🤬 after a dip or revenge trading after a loss = 😭
Stay cool 😎, follow the plan.
📊 6. No Backtesting
If you didn’t test it on past charts ⏳, why trust it with your money?
📈 Backtest before you blast 💥.
🪞 7. Copying Others Blindly
That influencer flexing wins? 🤑 They hide the Ls.
Always DYOR (Do Your Own Research) 🧐.
🧩 8. Strategy Hopping
Changing plans every week? 📉
Stick to one solid system. Refine it. Trust the process ⚙️.
💸 9. Ignoring Fees & Spreads
Profits eaten by fees? 😵
Choose low-fee exchanges 🏦 and trade smart.
📅 10. No Journaling
Can’t improve what you don’t track!
📝 Note every trade: Why you entered, exited, and what you learned.
💡 PRO TIP:
Treat trading like a business 📈, not a lottery ticket 🎟️.