#TradingStrategyMistakes
Many traders fall into common pitfalls that can derail even the best strategies. Overtrading, ignoring risk management, and letting emotions drive decisions often lead to losses. Failing to adapt to changing market conditions or relying too heavily on past performance also increases risk. A lack of discipline in sticking to stop-loss levels or profit targets can quickly erode gains. Beginners especially may chase trends without a clear plan, resulting in poor entry and exit points. Reviewing your trading strategy regularly, staying informed, and using backtesting can help avoid these mistakes and build a more consistent and profitable approach.