#TradingStrategyMistakes

TOP-5 Trader Mistakes That Are Costly

Even the best strategy won't save you from losses if you make basic mistakes. Here are the main traps that traders fall into:

1️⃣ Lack of a Clear Plan

Trading "by gut feeling" is a direct path to losses. A strategy without rules is not a strategy.

2️⃣ Ignoring Risk Management

🔻 Trading without stop-losses is like jumping without a parachute.

🔺 Excessive lot size is a road to liquidation.

3️⃣ Changing Strategy After the First Loss

Every strategy has both profitable and losing periods. Stay disciplined.

4️⃣ Overtrading

More trades ≠ more profit. Often, it's the opposite.

5️⃣ Chasing Trends and FOMO

"Everyone is buying — so will I!" is the fastest way to enter at the peak and exit at the bottom.

💡 Lesson: Profitable trading is 30% strategy and 70% discipline and psychology.