#TradingStrategyMistakes
Even the most well-designed trading strategies can fail due to common TradingStrategyMistakes. One frequent pitfall is **over-trading**, constantly entering and exiting positions, which racks up fees and often leads to chasing the market. Another major error is **lack of discipline**, deviating from a pre-defined strategy based on emotions or fear of missing out (FOMO).
**Ignoring risk management** is perhaps the most critical mistake. This includes failing to set stop-losses, over-leveraging, or risking too much capital on a single trade. Furthermore, many traders fall victim to **confirmation bias**, only seeking information that supports their existing views while disregarding contradictory signals. Finally, **failing to adapt** to changing market conditions or consistently review and refine one's strategy can quickly render it ineffective. Learning from these mistakes is crucial for long-term success.