#TradingStrategyMistakes

1. No Clear Trading Plan

Mistake: Trading without defined entry, exit, and stop-loss rules.

Fix: Always create a trading plan and follow it strictly.

🧠 2. Emotional Trading

Mistake: Making decisions based on fear or greed.

Fix: Stick to your strategy. Use logic, not emotion.

🕰️ 3. Over trading

Mistake: Taking too many trades without proper setups.

Fix: Focus on high-quality setups and trade less, not more.

🧪 4. Lack of Back testing

Mistake: Using strategies without testing them historically.

Fix: Back test your strategy on past data to validate its success rate.

📊 5. Ignoring Risk Management

Mistake: Risking too much on one trade or ignoring stop-losses.

Fix: Follow the 1–2% rule — never risk more than 1–2% of your capital on a single trade.

⌛ 6. Poor Timing

Mistake: Entering too early or too late.

Fix: Use confirmations (price action, volume, indicators) before jumping in.

🤖 7. Over-Reliance on Indicators

Mistake: Using too many indicators, causing confusion (indicator overload)

Fix: Keep your chart simple and only use indicators that support your strategy.

🔁 8. Not Reviewing or Adjusting Strategy

Mistake: Sticking with a losing strategy out of stubbornness.

Fix: Regularly review your performance and adjust based on results.

📉 9. Chasing Losses

Mistake: Increasing position sizes to recover losses.

Fix: Accept losses as part of the game and stick to your plan.

🔄 10. Copying Others Blindly

Mistake: Following signals/groups without understanding the strategy.

Fix: Learn the strategy behind any trade before copying.