#TradingStrategyMistakes Trading Strategy Mistakes

Many traders, especially beginners, fall prey to common mistakes. The most significant include trading without a clear plan, leading to impulsive, emotional decisions rather than logical ones. Ignoring risk management is another pitfall, where failing to set stop-losses or risking too much capital on a single trade can quickly deplete an account. Overtrading, driven by greed or a desire to "make back" losses, often results in excessive commissions and poor trade selection. Finally, failing to adapt to changing market conditions or learn from past errors prevents long-term success. Discipline, a well-defined plan, and continuous learning are crucial to avoiding these pitfalls.