#TradingStrategyMistakes
One common mistake in trading strategy is not consistently applying one's own rules. Many beginner traders change their strategy every time they incur a loss, whereas even the best strategies can fail in the short term. Other mistakes include overtrading, revenge trading, and not using stop-loss. According to data from Binance Academy, more than 70% of traders experience losses due to lack of discipline and failure to manage risks. Being overly confident when in profit can also often become a psychological trap. Learning from mistakes and keeping a trading journal are important steps to improve skills. A good strategy must be accompanied by consistent and measured execution. Do not let excessive emotions take over; continue to use analysis and manage your portfolio well.