#TradingStrategyMistakes

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At Binance, top trading pitfalls are identified and solutions shared:

1. Lack of a Trading Plan – Entering trades without clear entry/exit or risk rules leads to random, unprofessional decisions .

2. Over‑Leverage & Emotional Trading – Excessive leverage magnifies losses; trading on impulse hurts performance and mental health .

3. Skipping Risk Controls – Failure to set stop‑loss/take‑profit orders exposes traders to deep drawdowns .

4. Neglecting Records – No journal means missed lessons; regular review sharpens strategy .

Binance highlights that discipline, planning, risk‑management, and self‑review are essential to avoid common trading mistakes.