#TradingStrategyMistakes Many traders fall into common pitfalls that undermine their success. One major mistake is lacking a clear trading plan, which leads to impulsive decisions and inconsistent results. Overtrading, driven by emotion or the urge to "make back losses," often compounds risk. Ignoring risk management—such as proper stop-loss placement—can quickly deplete capital. Traders also tend to rely too heavily on past performance, assuming history will repeat itself without adapting to changing market conditions. Failing to review and learn from past trades prevents growth and improvement. Ultimately, discipline, continuous learning, and a well-structured strategy are essential to avoid costly trading strategy mistakes.