#TradingStrategyMistakes Even experienced traders fall into traps that seem obvious in hindsight. Here are some critical trading strategy mistakes to watch out for:

1. **No Clear Plan** – Entering trades without defined entry/exit points or risk management is gambling, not trading. Always follow a strategy.

2. **Overcomplicating the Strategy** – Too many indicators or rules lead to analysis paralysis. Simplicity often works best.

3. **Ignoring Risk-Reward Ratios** – Taking trades with poor risk-reward (e.g., risking $1 to make $0.50) destroys profitability over time.

4. **Revenge Trading** – Trying to recover losses immediately often leads to bigger losses. Stick to your plan.

5. **Overtrading** – Forcing trades in slow markets or outside your strategy increases commissions and emotional stress.

6. **Not Adapting to Market Conditions** – A trend-following strategy fails in choppy markets. Adjust or stay out.

7. **Emotional Decisions** – Fear and greed override logic. Automate rules or use checklists to stay disciplined.

8. **Ignoring Stop Losses** – "Hoping" a losing trade turns around can wipe out your account. Always cut losses early.

9. **Chasing Performance** – Jumping into a trade because "everyone’s talking about it" usually means you’re too late.

10. **Lack of Backtesting** – Assuming a strategy works without testing it historically leads to costly surprises.

Even basic mistakes like these can ruin your trading results. The key? Discipline, patience, and continuous learning. **What’s the most common mistake you’ve made?**