#TradingStrategyMistakes
Many traders make critical mistakes when developing or executing strategies. One common error is overtrading—entering too many trades based on emotion rather than solid signals. Others fail to use stop-loss orders, exposing themselves to unnecessary risk. Lack of backtesting is another huge mistake; without testing a strategy on historical data, there’s no way to gauge its effectiveness. Also, chasing trends without proper analysis often leads to losses. Beginners often risk more than they can afford to lose. Patience, discipline, and education are key to avoiding these mistakes. Learn from every loss—it’s part of the journey toward becoming a successful trader.