#TradingStrategyMistakes To avoid common mistakes in trading, it is crucial to establish a solid trading plan, practice risk management, control emotions, and conduct thorough market research. Additionally, it is important to avoid overtrading and overleveraging, especially in volatile markets.

Preparation:

1. Establish a trading plan:

Define your trading goals and risk tolerance.

Design a clear strategy, including when to enter and exit trades, and which assets to trade.

Set loss and profit limits using stop-loss and take-profit orders.

Keep a record of your trades to analyze your successes and mistakes.

2. Manage risk:

Do not risk more than 1-2% of your capital on a single trade.

Diversify your trades to reduce overall risk.

Avoid overleveraging, especially in volatile markets.

3. Control emotions:

Avoid making decisions based on fear or greed.

Maintain discipline and follow your trading plan.

Practice relaxation techniques to manage stress. .......