#TradingStrategyMistakes

Here are some common trading strategy mistakes to avoid:

*Common Mistakes*

- *Trading Without a Plan*: Jumping into trades without a solid strategy, entry and exit points, or risk management. Create a trading plan with clear rules and stick to it.

- *Ignoring Risk Management*: Risking too much capital on a single trade. Follow the 1-2% rule and use stop-loss orders to limit potential losses.

- *Overtrading*: Placing too many trades, leading to higher losses and unnecessary stress. Prioritize quality trades and avoid trading under pressure or boredom.

- *FOMO (Fear of Missing Out)*: Buying crypto because everyone else is talking about it. Research first and use technical and fundamental analysis before investing.

- *Revenge Trading*: Trying to win back losses by placing bigger, riskier trades. Take a break after a loss and stick to your predefined trading strategy.