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#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_W1PXD
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#TradingStrategyMistakes Many traders make the error of over-optimization, creating strategies that perform perfectly on historical data but fail in live markets due to curve-fitting. Another pitfall is ignoring risk management, leading to oversized positions or neglecting stop-loss orders, which can quickly wipe out capital. Lack of discipline is also a major issue; traders often deviate from their established rules due to emotions like fear or greed. Chasing volatile markets without a clear edge, or using a strategy not suited for current market conditions, are further missteps. Finally, insufficient backtesting or failing to understand the underlying logic of a strategy can lead to unexpected losses
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