#TradingStrategyMistakes

Investing without a strategy is like navigating without a compass: you can move forward, but without direction.

One of the most common mistakes when starting out is to follow what others do without understanding why they do it.

Copying someone else's strategy without understanding your own risk profile can lead to unnecessary losses.

Not adjusting the size of your trades, investing more than you are willing to lose, or acting on impulse are signs that a real plan is lacking.

Taking the time to define your rules is more valuable than chasing immediate profit.