#TradingStrategyMistakes

#TradingStrategyMistakes information 100 words

Common trading strategy mistakes often stem from a lack of discipline and poor emotional management. Key errors include trading without a defined plan, failing to use stop-loss orders, and ignoring robust risk management. Many traders also suffer from psychological pitfalls like "Fear of Missing Out" (FOMO), leading to impulsive decisions and overtrading. Other mistakes involve "revenge trading" (trying to recover losses immediately) and "loss aversion" (holding onto losing positions too long). Successful strategies require adapting to market conditions, maintaining realistic expectations, and sticking to the plan.