#TradingStrategyMistakes

Many traders fail due to common #TradingStrategyMistakes that can easily be avoided. One major mistake is lacking a clear trading plan, leading to impulsive decisions. Overtrading is another pitfall, often caused by chasing losses or greed. Ignoring risk management—like setting stop-loss orders—can result in significant losses. Emotional trading, especially fear and overconfidence, clouds judgment. Relying solely on indicators without understanding market fundamentals is also risky. Not adapting strategies to changing market conditions can lead to poor performance. Beginners often neglect backtesting their strategies. Lastly, copying others blindly without understanding the rationale is a fast track to failure. Learn, plan, and execute smartly.