#TradingStrategyMistakes Here are some insights related to mistakes made while trading that, as a novice in the activity, I have committed:
1. Not having a defined work plan, you know how much to invest and how much to gain, consequently emotions win over logic.
2. Ignoring risk management, I focus only on profits and forget to protect my capital.
3. Letting emotions take over. Fear and greed can lead to irrational decisions. Did you see the survey?
4. Lack of supporting research. Not doing prior analysis and relying on "experts." Studying is key.
5. Unrealistic expectations. The trader thinks one thing and the market thinks another.
In summary, one must have discipline, study, cunning, and patience.