#TradingStrategyMistakes No Stop-Loss Orders: Not setting predetermined points to exit a losing trade, leading to potentially unlimited losses.
Incorrect Position Sizing: Trading too large a position relative to the account size, amplifying losses.
Poor Diversification: Concentrating all capital in a single asset or strategy, increasing overall risk.
Ignoring Drawdown: Not understanding or planning for potential periods of losses, which can lead to emotional decisions.