1.OVER TRADING,Excessive buying and selling, leading to high transaction costs and decreased performance.
2.LACK OF RISK MANAGEMENT,Failing to set stop-losses, position sizing, or manage leverage, exposing traders to significant losses.
3.EMOTIONAL DISCION, Allowing emotions like fear, greed, or hope to dictate trading decisions, rather than sticking to a plan.
4.FAILURE TO ADOPT,Not adjusting strategies to changing market conditions, such as shifts in volatility or trends.
5.OVER RELIANCE OR INDICATOR,Relying too heavily on technical indicators without understanding their limitations or combining them with other forms of analysis.
6 POOR POSITION,Not managing position sizes effectively, leading to over-exposure to risk.
7 LACK OF PATIENCE,Closing trades too early or too late due to impatience or holding onto losing positions for too long.
8.NOT STAYING FOCUSED,Deviating from a trading plan due to external factors or personal biases.
These mistakes can lead to significant losses and undermine trading performance. #ArbitrageTradingStrategy #TradingStrategyMistakes #HODLStrategy $BNB