#TradingStrategyMistakes
Lack of a plan: Trading without a defined strategy, clear objectives, or risk management rules leads to impulsive decisions and unnecessary losses.
Ignoring risk management: Not using stop-loss orders, risking too much capital per trade, or failing to diversify can quickly deplete the account.
Trading emotionally: Being driven by fear (FOMO), greed, or the desire to "get back" at previous losses clouds judgment and leads to costly mistakes.
Overtrading: Making too many transactions without a clear justification, seeking to recover losses, or acting out of impatience often results in greater losses.
Lack of research or adaptation: Failing to analyze the market, relying on "tips," or not adjusting the strategy to changing market conditions is a path to failure.