#TradingStrategyMistakes

Here are some common #TradingStrategyMistakes that traders—especially newer ones—often make:

---

🚫 1. No Clear Trading Plan

Jumping into trades without predefined entry, exit, and risk management rules often leads to emotional decisions and losses.

---

📉 2. Overleveraging

Using too much leverage can amplify losses just as easily as it can amplify gains. Many traders blow accounts by being overly aggressive.

---

⏰ 3. Overtrading

Taking too many trades out of boredom or FOMO instead of waiting for quality setups. This often results in lower win rates and burnout.

---

🧠 4. Ignoring Risk Management

Risking too much per trade or not using stop-loss orders can quickly wipe out capital. Good strategy includes controlling downside risk.

---

📊 5. No Backtesting or Forward Testing

Jumping into live trading without testing your strategy on historical data or in a demo environment is a recipe for poor results.

---

📉 6. Chasing the Market

Buying tops or selling bottoms out of FOMO is a common pitfall. Patience is key—let the trade come to you.

---

🔄 7. Changing Strategies Too Often

Switching systems after a few losing trades instead of sticking to one and optimizing it can prevent you from finding long-term consistency.

📚 8. Lack of Continuous Learning

Markets evolve. Not staying updated with macro factors, news, or technical developments can lead to outdated strategies.