One of the most common trading strategy mistakes is entering trades without a clear plan. Many traders focus too much on potential profits and ignore important elements like risk management and stop-loss settings. This can lead to emotional decisions, panic selling, or holding onto losing trades for too long. Another frequent mistake is copying others without understanding their strategy or market conditions. Every trader has different goals and risk tolerance, so what works for one may not work for another. Always backtest your strategy, stay disciplined, and learn from past errors. Avoid repeating the same #tradingstrategymistake that costs you in the long run.
