#TradingStrategyMistakes Common Trading Strategy Mistakes (#TradingStrategyMistakes):

Lack of a Clear Plan

Many traders start without specific rules for entry and exit, making it easy for the market to turn against them.

Weak Risk Management

Failing to determine the risk size on each trade or ignoring stop-losses leads to significant losses that are hard to recover from.

Emotional Trading

Allowing fear or greed to dictate buying and selling decisions instead of sticking to a logical plan.

Over-leveraging

Using high leverage increases potential profits but also amplifies losses, which can lead to account liquidation.

Ignoring Market Analysis

Relying on "a friend's advice" or general sentiment without studying technical and fundamental indicators leads to random decisions.