#TradingStrategyMistakes Many traders fall into common pitfalls that can derail their success. One major mistake is trading without a clear strategy—this often leads to emotional decisions and inconsistent results. Overtrading, driven by greed or boredom, is another error that depletes capital quickly. Ignoring risk management, such as failing to set stop-losses, can turn small losses into big ones. Chasing losses or revenge trading also compounds poor decisions. Successful trading requires discipline, patience, and sticking to a well-tested plan. Learn from mistakes, keep a trading journal, and always prioritize long-term consistency over short-term wins. Avoiding these mistakes is key to trading success.