#TradingStrategyMistakes

Common Trading Mistakes: Avoid These Strategies

In the world of trading, success does not depend solely on choosing the right assets, but also on avoiding fatal mistakes in strategy. Many traders fall into the same traps repeatedly, leading to significant losses and a loss of confidence.

In this article, we highlight the main trading strategy mistakes that every trader should avoid — whether a beginner or a professional.

1️⃣ Lack of a Clear Trading Plan

The biggest mistake of all is entering the market without a plan.

🔺 Traders who make random decisions based on "gut feeling" or signals from Telegram groups often face losses.

✅ Solution:

Create a predefined trading plan that includes:

Entry and exit points

Risk percentage

Position size

The adopted technical or fundamental strategy

2️⃣ Overleveraging

Using excessive leverage may seem tempting as it increases potential profits, but it also multiplies losses.

🧨 Many traders have lost their entire accounts due to using 20x or 50x leverage on a wrong trade.

✅ Solution:

Stick to a risk percentage of no more than 1-2% of capital in a single trade. And remember that preserving capital is more important than quick gains.