#TradingStrategyMistakes #TradingStrategyMistakes
Common trading strategy mistakes include lack of a clear plan, overtrading, and ignoring risk management. Many traders enter positions based on emotions rather than analysis, leading to impulsive decisions. Failing to use stop-loss orders or risking too much capital on a single trade can result in major losses. Chasing the market after missing an entry often leads to poor timing. Ignoring backtesting and not adapting strategies to changing market conditions also reduce effectiveness. Beginners often rely on tips or social media hype without understanding underlying fundamentals. Discipline, patience, and continuous learning are key to avoiding these costly trading errors.