#TradingStrategyMistakes
**🚨 Top Trading Strategy Mistakes That Can Wipe Out Your Account 🚨**
Trading looks easy until you lose money. Here are the biggest mistakes traders make—avoid them to stay profitable:
### ❌ **1. Overleveraging**
Using too much leverage can turn a small loss into a disaster. Even a tiny market move against you can liquidate your account.
### ❌ **2. No Risk Management**
Not using stop-losses or risking too much per trade (e.g., >2% of capital) is a fast track to blowing your account.
### ❌ **3. Revenge Trading**
Losing a trade? Don’t double down to "get back" at the market. Emotions destroy discipline.
### ❌ **4. Chasing Trends Too Late**
Entering a trend after a massive rally or dump often leads to buying highs & selling lows.
### ❌ **5. Ignoring Fundamentals**
Even if you’re a technical trader, news (like FOMC, earnings, or geopolitical events) can wreck your strategy.
### ❌ **6. Over-optimizing Backtests**
A strategy that works perfectly on past data may fail in live markets. Avoid curve-fitting!
### ❌ **7. Overtrading**
More trades ≠ more profits. Low-quality setups lead to losses + unnecessary fees.
### **✅ How to Improve?**
✔ **Stick to a plan** – Define entry/exit rules before trading.
✔ **Journal trades** – Track what works & what doesn’t.
✔ **Start small** – Test strategies with minimal risk first.
**💡 Remember:** Trading is a marathon, not a sprint. Avoid these mistakes, stay patient, and keep learning!
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