#TradingStrategyMistakes

#TradingStrategyMistakes

Making mistakes in trading is common, but repeating them unconsciously can quickly destroy capital. Here are the most prominent mistakes traders make when applying trading strategies, even if they are theoretically strong:

❌ 1. Random Entry Without Confirmation:

Relying on instinct, rumors, or just one candle without confirmation from other indicators or technical structure leads to losing trades from the start.

❌ 2. Not Sticking to the Plan:

Many set a clear trading plan, then violate it due to greed or fear. Late entry, or changing the target and stop-loss during the trade, ruins any strategy.

❌ 3. Neglecting Capital Management:

Entering with all capital in a single trade, or using excessive leverage, exposes you to the risk of liquidation even if your strategy is correct.

❌ 4. Ignoring Stop Loss:

One of the most destructive mistakes. Not setting an exit point in case the market moves against you turns a small loss into a disaster.

❌ 5. Chasing Price (FOMO):

Getting swept up in a strong price movement after missing the opportunity often leads to entering at a peak or trough, resulting in immediate losses.

❌ 6. Multiple Strategies Without Testing:

Switching between many strategies without testing each one on a demo account leads to confusion and chaos in trading decisions.

❌ 7. Ignoring News and Fundamental Influences:

Even with an excellent technical strategy,