#MyStrategyEvolution Trading in financial markets can be highly rewarding, but many traders make critical mistakes that hinder their success. One common error is overleveraging. Using excessive leverage can amplify profits, but it also increases the potential for significant losses. Many traders fail to manage risk appropriately, putting their capital in jeopardy.

Another mistake is relying on emotions rather than a disciplined strategy. Emotional trading can lead to impulsive decisions, such as chasing trends or overtrading, which often results in losses. Additionally, some traders neglect to adapt their strategies to changing market conditions. A strategy that worked well in one market environment may not be effective in another.