#TradingStrategyMistakes \#TradingStrategyMistakes
Many Binance users fall into common trading strategy mistakes that hinder profitability. One major error is trading without a clear plan or risk management strategy, often leading to emotional decisions. Overleveraging is another pitfall, exposing traders to massive losses on small market moves. Chasing pumps or FOMO buying can trap users at market tops. Ignoring stop-loss orders or not updating them with changing trends adds to risk. Additionally, relying solely on technical indicators without understanding market context often results in false signals. Successful Binance traders prioritize discipline, research, and consistent strategy execution over impulsive or greed-driven actions.