#TradingStrategyMistakes Successful trading begins not only with the right strategy but also with avoiding common mistakes. Many traders lose capital not because of the market, but due to their own actions. One of the most common mistakes is the lack of a clear trading plan. Trading "on instincts" rarely yields stable results.
Another critical mistake is ignoring risk management. Without setting stop-losses and controlling position sizes, even the best strategy can lead to significant losses. Many traders also change strategies too often, not giving them enough time to realize their potential.
Binance offers all the necessary tools to trade wisely. The main thing is to learn discipline, analysis, and not to succumb to emotions.