#TradingStrategyMistakes #TradingStrategyMistakes — Avoid these common traps:
❌ 1. *No Clear Plan*
- Entering trades without defined *entry, stop-loss, and target*
- Fix: Use a checklist for every trade (setup, confirmation, risk)
❌ 2. *Overtrading*
- Taking too many trades out of boredom or FOMO
- Fix: Stick to quality setups, not quantity
❌ 3. *Ignoring Risk Management*
- Risking too much per trade or moving stop-losses
- Fix: Never risk more than *1–2%* of your capital per trade
❌ 4. *Chasing Price*
- Entering after a big move without confirmation
- Fix: Wait for *pullbacks or retests*
❌ 5. *Lack of Patience*
- Closing winning trades too early
- Fix: Use *trailing stops* or pre-set targets
❌ 6. *Trading Against the Trend*
- Shorting strong uptrends or buying into dumps
- Fix: Trade *with* the dominant trend unless proven otherwise
❌ 7. *Emotional Trading*
- Letting fear, greed, or revenge control decisions
- Fix: Stick to your strategy and review your trade journal
Want a printable checklist or journal template?