#TradingStrategyMistakes Many of us make mistakes while trading. The first mistake is entering the market without a clear plan, which means buying and selling randomly. This is a disaster! The second mistake is not setting a stop loss, so if the price drops, you lose a lot. Also, some people become overly greedy, meaning the price goes up a bit and they don’t sell, they wait longer, so it might drop and they lose what they gained. The opposite is true; if the price drops, don’t sell at a big loss and wait in case it goes up. You must control your emotions; fear and greed destroy any strategy. Also, don’t rely on anyone’s advice without doing your own research. Everyone has their own circumstances. And finally, don’t put all your money into one currency; always diversify to reduce risks. Trading requires patience and study, not luck.