#TradingStrategyMistakes Common Mistakes in Trading Strategies

Making mistakes is part of the learning process in trading, but some slips are more common and costly. One of the main ones is the lack of a well-defined trading plan, leading to impulsive decisions. Another serious mistake is not managing risk properly, that is, betting more than one can afford to lose in a single trade.

Greed and fear are the trader's enemies. Trading driven by emotions, seeking quick gains or trying to recover losses, usually results in more losses. The absence of a stop loss (order to limit losses) and stubbornness in holding onto a losing position are also frequent traps, as well as not adapting to market changes.