#TradingStrategyMistakes ๐
I did my analysis โ
Checked candlestick patterns โ
Used Stop Loss every time โ
Set Take Profit at +50% โ
Still ended up in losses. Here's what I realized ๐
1๏ธโฃ Unrealistic Take Profit โ Aiming for +50% on every trade sounds great, but market rarely gives that clean. Small, consistent gains (+5% to +15%) are more reliable in the long run.
2๏ธโฃ Ignoring Market Sentiment & Volume โ Patterns without strong volume or going against overall sentiment often fail. Technicals + fundamentals = stronger edge.
3๏ธโฃ Lack of Strategy Adaptation โ Sticking to one method in all market conditions doesnโt work. Sideways markets need a different approach than trending ones.
4๏ธโฃ Emotional Trading After Losses โ I sometimes forced trades just to recover losses. That leads to bigger mistakes.
๐ Lesson: Strategy โ just charts. Psychology, risk control, and flexibility are the real keys.
๐ Keep learning. Every mistake adds to your edge.