#TradingStrategyMistakes
Many traders make critical mistakes that can harm long-term success. A common error is trading without a clear plan or risk management strategy. Overtrading, driven by emotions like fear or greed, often leads to losses. Ignoring stop-loss orders or moving them irrationally can amplify risk. Some traders blindly follow tips or trends without doing their own research. Lack of discipline, revenge trading after a loss, and failing to adapt to changing market conditions also hurt performance. Poor money management, such as risking too much on one trade, can quickly deplete capital. Learning from these mistakes is key to improvement.