#TradingStrategyMistakes
Even the best strategies can fail if the trader falls into repeated mistakes.
Learn about the most common ones to avoid common errors in it:
Not sticking to the plan: Changing entry points, targets, or stop losses without logical reason.
Ignoring capital management: Entering with too large an amount in a single trade, exposing the portfolio to significant losses.
Not confirming signals: Relying on only one signal without additional confirmations (such as trading volume or supporting indicators).
Emotional trading: Fear and greed are among the most common reasons that lead a trader to break their strategy.
Chasing the market (FOMO): Entering trades late just because the market is moving strongly, often ending in losses.
Overtrading: Opening too many trades without real signals.
Not updating: Failing to adjust the strategy to fit market changes or sudden news.
And to achieve the goals:
Stick to the plan.
Use risk management.
Train yourself on patience and discipline.
Successful trading relies 80% on psychology and discipline and only 20% on strategy.