#TradingStrategyMistakes Even with good strategies, many traders make mistakes that compromise their results. One of the main ones is not following the plan. Many create a solid strategy, but abandon it in the heat of the moment out of fear or greed.
Another common mistake is using leverage without risk management, which can lead to quick and painful losses. Additionally, many ignore the importance of stop loss, leaving their positions open waiting for a "miracle".
Not testing the strategy before using it with real money (backtesting) is also a serious mistake. And finally, the lack of emotional discipline leads to impulsive decisions, sabotaging long-term success.
Avoiding these slip-ups can be the difference between success and loss.