⚠️ #TradingStrategyMistakes – Errors That Ruin Your Bankroll
📌 What Is It?
Refers to the main mistakes made by traders when applying strategies in the market, whether due to lack of discipline, overconfidence, or technical ignorance.
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❌ Most Common Mistakes:
1. Not having a clear strategy
→ Trading on impulse, without a defined plan.
2. Ignoring risk management
→ Trading with everything or without stop loss.
3. Overtrading
→ Making too many trades out of anxiety or greed.
4. Constantly changing strategies
→ Lack of consistency kills any plan.
5. Not testing the strategy beforehand (backtest)
→ Entering the market without knowing if the method works historically.
6. Letting emotions control decisions
→ Fear, greed, and revenge are poisons for the trader.
7. Not accepting small losses
→ Waiting for the market to 'return' and turning a small loss into a big one.
8. Copying others' strategies without adapting
→ What works for one may destroy another.
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🎯 How to Avoid?
Have a plan and follow it with discipline.
Use stop loss and set risk per trade.
Conduct backtests and simulations.
Study your emotional behavior.
Evaluate results with statistics, not emotion.
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