#TradingStrategyMistakes Common trading mistakes can significantly impact your profits and growth. One major error is lack of a clear plan—trading without strategy leads to impulsive decisions and losses. Overtrading is another, where excessive buying and selling increases fees and risk. Ignoring risk management, such as not setting stop-loss orders, can result in bigger losses than necessary. Emotional trading, driven by fear or greed, often causes poor timing and bad trades. Successful traders stay disciplined, stick to their strategies, and continuously learn from mistakes. Avoiding these pitfalls is essential for long-term success in any market.