🚫 #TradingStrategyMistakes to Avoid
1. **No Clear Trading Plan**
* Jumping into trades without defined entry/exit rules or risk parameters.
2. **Overleveraging**
* Using too much margin can magnify losses just as quickly as gains.
3. **Revenge Trading**
* Letting emotions drive trades after a loss—usually leads to bigger losses.
4. **Ignoring Risk Management**
* Not setting stop-losses or risking more than 1-2% of capital per trade.
5. **Overtrading**
* Taking too many trades leads to poor decision-making and high fees.
6. **Chasing Trends Too Late**
* Entering trades after a move has played out, increasing the risk of reversal.
7. **No Backtesting**
* Running strategies in live markets without historical testing is risky.
8. **Disregarding Market Conditions**
* Using the same strategy in trending and ranging markets without adjustments.
9. **Confirmation Bias**
* Only looking for information that supports your trade idea.
10. **Neglecting Journaling**
* Not tracking trades makes it harder to improve or identify patterns.