#ArbitrageTradingStrategy TradingStrategyMistakes
One of the most common mistakes in the trading world is entering trades randomly without a clear analysis or plan. This type of mistake may seem simple at first, but it often leads to repeated losses, psychological exhaustion, and gradual erosion of capital.
Relying on "intuition" or following instantaneous market movements without technical or fundamental analysis exposes the trader to ill-considered decisions. Entering a trade just because the price is moving quickly, or because there is a "hype" on social media, can lead to adverse results.
The most important lesson from this mistake is that planning and discipline are the foundation of any successful trading. It is essential to define entry and exit points, set stop-loss orders, and adhere to risk management. Random trades are not based on a strategy, but on hope – and that is not enough in a highly volatile market like cryptocurrencies.
Share your experience too, and help others avoid the same mistake.
#TradingStrategyMistakes