#TradingStrategyMistakes Many traders make common mistakes when designing or applying a trading strategy, which can be costly. Here are some of the most frequent ones:
1. Not having a clear plan: trading without defined rules often leads to emotional decisions.
2. Constantly changing strategies: jumping from one method to another prevents evaluating results objectively.
3. Overtrading: trading all day on impulse, without clear signals, drains both capital and mind.
4. Not managing risk: not using stop loss or risking too much on a single trade can lead to irreparable losses.
5. Ignoring market context: applying the same strategy in trending and sideways markets can be a fatal mistake.
6. Getting carried away by FOMO: entering late into impulsive movements usually ends badly.
A good strategy requires discipline, constant review, and adaptation to the market. The mistake is not failing, but not learning from failure.