#TradingStrategyMistakes
Even the best strategies can fail if the trader makes repeated mistakes.
Learn about the most prominent ones to avoid common mistakes:
Not sticking to the plan: Changing entry points, targets, or stop-loss without a 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 a single signal without additional confirmations (like trading volume or supporting indicators).
Emotional trading: Fear and greed are among the main reasons that lead traders to break their strategies.
Chasing the market (FOMO): Entering trades late just because the market is moving strongly, which often ends in losses.
Overtrading: Opening too many trades without real signals.
Not updating: Failing to adjust the strategy to fit market changes or unexpected news.
To achieve your goals:
Stick to the plan.
Use risk management.
Train yourself in patience and discipline.
Successful trading relies 80% on psychology and discipline, and only 20% on the strategy.
