#TradingStrategyMistakes ### Common Trading Strategy Mistakes

Many traders fail due to avoidable errors:

1. **Lack of a Plan** – Trading without clear rules leads to impulsive decisions.

2. **Overleveraging** – Excessive risk wipes out accounts quickly.

3. **Ignoring Risk Management** – No stop-loss or position sizing increases losses.

4. **Chasing Losses** – Revenge trading amplifies mistakes.

5. **Overtrading** – Too many trades reduce quality and increase costs.

6. **Emotional Trading** – Fear and greed override logic.

7. **Ignoring Trends** – Fighting the market trend often fails.

8. **No Backtesting** – Strategies untested on historical data lack reliability.

9. **Following the Crowd** – Herd mentality leads to poor entries.

10. **Neglecting Journaling** – Without tracking trades, improvement stalls.

Avoiding these mistakes improves long-term success. Discipline and patience are key.