#TradingStrategyMistakes Some mistakes that traders can make, including on Binance Square:

Lack of a trading plan. Trading without a clear strategy or plan, relying on intuition or random decisions.

Ignoring risk management. Risking too much capital on a single trade or failing to use stop-loss orders.

Overtrading. Too many trades, often driven by fear of missing out or chasing short-term profits.

Chasing the market. Buying after a significant price increase or selling during a panic, hoping to catch the trend.

Emotional trading. Allowing fear, greed, or disappointment to influence decisions, such as holding losing positions too long or closing profitable ones too early.

Inability to adapt to market conditions. Using the same strategy across all markets.

Failure to review trades. Not analyzing past trades to learn from successes or failures.