#TradingStrategyMistakes

**Trading Strategy Mistake**

A common trading mistake is overtrading—executing too many trades due to impatience or emotion rather than strategy. Traders often chase losses or deviate from their plan, leading to unnecessary risks and eroded profits. Ignoring risk management, like skipping stop-loss orders, can magnify losses. Another error is confirmation bias, where traders only see signals supporting their view while ignoring warnings. Lack of backtesting also leads to failure, as untested strategies often fail in live markets. To succeed, stick to a disciplined plan, manage risk, and avoid emotional decisions. Consistency and patience are key to long-term profitability.