#TradingStrategyMistakes
🚫 Common mistakes in trading strategies... Stay aware! 🚫
Trading is not just about buying and selling; it's also about making the right and wrong decisions. Many people think they are following a strategy, but in reality, they are making mistakes that cost them time and money!
Let me give you an example with the ADA/USDT pair – Cardano (ADA) coin. Some people enter a trade just because the price dropped a little, without looking at the trend or getting confirmation from indicators. Or they change their strategy every day because they lost one or two trades! This way, there's no stability, nor a real chance for success.
One of the biggest mistakes is ignoring risk management. Entering a trade with all your capital? You're gambling, not trading! There must be a stop loss, and you need to know when to exit.
💡 Trading requires patience, discipline, and learning from every mistake.