#TradingStrategyMistakes

1. Lack of Clear Plan – Entering trades without a well-defined strategy often leads to emotional decisions.

2. Overtrading – Excessive trading increases transaction costs and emotional fatigue.

—---------------------

📌 check out my pinned post for exciting rewards

—---------------------

3. Ignoring Risk Management – Not using stop-loss or proper position sizing can lead to large losses.

4. Chasing the Market – Entering trades out of FOMO (Fear of Missing Out) often results in poor timing.

5. Failure to Adapt – Sticking to a strategy that no longer fits market conditions can be costly.

6. Overreliance on Indicators – Too many technical tools can cause analysis paralysis or false signals.

7. Lack of Backtesting – Trading untested strategies increases uncertainty and risk.

8. No Trading Journal – Without reviewing past trades, repeating mistakes is likely.

9. Ignoring Fundamentals – Solely relying on charts can miss critical news or economic changes.

10. Unrealistic Expectations – Expecting quick profits leads to impatience and poor discipline.