#TradingStrategyMistakes #TradingStrategyMistakes
Common trading strategy mistakes can lead to significant losses. One major error is trading without a clear plan or deviating from it due to emotions like fear or greed. Overleveraging increases risk, often wiping out accounts quickly. Many traders also neglect proper risk management, such as setting stop-loss orders. Chasing the market or entering trades based on hype rather than analysis can result in poor decisions. Failing to adapt strategies to changing market conditions and not reviewing past trades for improvement are also frequent issues. Avoiding these mistakes is key to developing long-term trading discipline and consistency.