#TradingStrategyMistakes
๐ #TradingStrategyMistakes โ The Cost of Ignoring the Basics ๐ง ๐
One of the most common trading strategy mistakes is not having a strategy at all. Many beginners jump into trades based on emotion, hype, or random signals โ hoping for profits without a plan. Thatโs gambling, not trading.
Another big mistake? Ignoring risk management. No stop-loss, over-leveraging, and risking too much capital on a single trade can wipe out months of gains in minutes.
โ Chasing pumps, revenge trading after losses, or constantly switching strategies also leads to confusion and losses.
โ The fix: Stick to a plan, test it, track your results, and improve over time.
Discipline wins. Always.