#TradingStrategyMistakes

One of the biggest trading strategy mistakes is not having a proper risk management plan. Many beginners enter trades based on emotions, FOMO, or social media hype without setting stop-loss or take-profit targets. Another common error is overtrading — jumping into multiple trades without analysis, which leads to losses and burnout. Some traders also ignore backtesting their strategies before using them live, leading to unexpected outcomes. Chasing losses and increasing lot sizes out of frustration is another red flag. A successful trader sticks to a clear plan, manages emotions, and continuously learns from past mistakes to improve performance.