#TradingStrategyMistakes
The success of trading does not only depend on choosing a good strategy but also on avoiding the fatal mistakes that many traders, especially beginners, make. Here are the most prominent of these mistakes:
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❌ 1. Lack of a clear trading plan
Many enter the market randomly without a plan. You should determine:
When to enter the trade
When to exit
How much to risk
And what your profit target is
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❌ 2. Ignoring capital management
Even the best strategy can fail if you risk a large percentage of your portfolio.
Golden rule: Do not risk more than 1-2% on a single trade.
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❌ 3. Trading with emotion (fear and greed)
Fear makes you close the trade too early
Greed makes you hold onto it longer than necessary
Discipline is the foundation of success.
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❌ 4. Changing strategy too quickly
Some traders change their strategy after the first loss. There is no strategy that wins all the time; what matters is continuity and performance improvement.
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❌ 5. Ignoring impactful news and events
Even if you rely on technical analysis, ignoring major events like interest rate decisions or ETF launches can be a big mistake.
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❌ 6. Overusing leverage
20x or 50x leverage may seem tempting, but it is a double-edged sword. A 5% loss can wipe out your portfolio.