#TradingStrategyMistakes

In trading, a strategy is not just a plan, but the basis for survival. But even the best strategy will not work if you make classic mistakes. I have made them myself. For example: lack of stop loss, excessive use of leverage, trading "on emotions" or constantly changing your strategy after a few failures. One of the most dangerous mistakes is overconfidence after a few successful trades. It dulls risk management and opens the door to big losses. The second is blindly copying other people's strategies without adapting them to yourself.

Learn to acknowledge mistakes, and they will become your experience. And remember: the main strategy is to preserve capital.