#TradingStrategyMistakes

5 Common Trading Strategy Mistakes to Avoid 📉💡

Even experienced traders can fall into costly traps. Here are 5 common trading strategy mistakes that can negatively impact your performance:

1. Lack of a clear plan - Often, entering trades without a well-defined strategy leads to emotional decisions and inconsistent results.

2. Overtrading - Opening too many trades, especially during volatile periods, can drain your capital and mental focus.

3. Ignoring risk management - Failing to set stop-loss orders or risking large amounts on each trade is a fast track to losing your account.

4. Chasing losses - Attempting to "recover" losses usually results in bad entries and larger drawdowns.

5. Not adapting - Market conditions change. Using the same strategy in all environments can limit success.

📊 Stick to discipline, review your trades, and always adapt. Mistakes are part of the game, but repeating them shouldn't be.