#TradingStrategyMistakes A common trading strategy mistake is lacking a clear plan. Many traders enter trades based on emotion, hype, or guesswork without defined entry, exit, and risk management rules. This leads to impulsive decisions, overtrading, and heavy losses. Another mistake is ignoring stop-loss orders, which exposes traders to significant downside risk. Overleveraging in futures or margin trading is also dangerous, as small price movements can result in liquidation. Additionally, chasing trends late or falling for “fear of missing out” (FOMO) often leads to poor timing. Successful trading requires discipline, consistent strategy execution, and ongoing learning to avoid these costly errors.