**#TradingStrategyMistakes** are common pitfalls that derail both beginners and experienced traders. Recognizing them early can save you money and frustration.
Here are some of the biggest mistakes to avoid:
❌ **No Clear Plan:** Trading without defined entry, exit, and risk management rules leads to emotional decisions and random losses.
❌ **Overleveraging:** Using excessive leverage can wipe out your account on small price swings. Always size positions wisely.
❌ **Chasing FOMO:** Jumping into trades just because the market is pumping often means buying the top.
❌ **Ignoring Risk Management:** Not using stop-losses or risking too much per trade is a recipe for disaster.
❌ **Revenge Trading:** Trying to win back losses by overtrading usually makes things worse.
❌ **Neglecting Market Conditions:** Applying the same strategy in trending, ranging, and volatile markets without adjustment is a costly error.
✅ **Tip:** Have a disciplined plan, manage risk, stay patient, and always learn from your mistakes. **Consistency beats impulse every time.**