#TradingStrategyMistakes
Why is trading so difficult?
The reason trading is so difficult is that it challenges both logic and emotion. Success requires a combination of skills that can be developed with: A solid strategy that fits your unique style. Strict risk management to protect your capital.
Why does 99% fail in trading?
Some of the most frequent reasons for traders' failure to reach profitability are emotional decisions, poor risk management strategies, and lack of education. To succeed, traders should focus their efforts on disciplined trading, continuous learning, and application of strong risk management techniques.
Trading without a plan
Emotional trading
Risk Management
Failing to cut losses
Letting emotions impair decision making
Not understanding leverage
Not researching the markets properly
Overtrading
Not keeping a trading journal
Stop trading after several consecutive losses
Not understanding the risk-reward ratio
Overconfidence after a profit
Overleveraging
Biggest trading mistakes
Breaking trading plan rules
Inadequate backtesting
Insufficient research
Overdiversifying a portfolio too quickly
Overexposing a position
Trading before news events
No discipline
Start trading
Adding to losing trades
Chasing market moves