#TradingStrategyMistakes

One of the most common mistakes in trading is not following a defined strategy. Many traders, especially beginners, constantly change their approach in search of quick results, which leads to losses instead of gains. Another frequent mistake is trading without proper risk management; risking too much on a single trade can wipe out an entire account.

Overconfidence can also be detrimental. Believing that a winning streak guarantees future success leads to impulsive decisions and overtrading. Additionally, ignoring fundamental or technical factors and relying solely on gut feelings is another common failure.

Not adapting the strategy to market conditions can be costly. An approach that works in sideways markets may fail in strong trends. Finally, not keeping a record of trades prevents learning from mistakes.

Avoiding these failures does not guarantee success, but it significantly increases the chances of trading consistently and responsibly.