#TradingStrategyMistakes šØ
Every trader makes mistakes, but repeating the same ones can seriously hurt your progress. One of the biggest mistakes is trading without a clear plan. If you donāt know your entry, stop-loss, and target before you enter ā youāre just guessing.
Another common mistake is trading based on emotions. Fear and greed can easily push you into bad decisions, like buying too late or selling too early. Overtrading and using too much leverage are also dangerous. They may seem exciting, but they often lead to big losses.
Some traders also forget about risk management. Without proper position sizing and stop-loss rules, one bad trade can wipe out weeks of gains. Lastly, many ignore research and go all in on one coin without understanding it.
Avoiding these simple but costly mistakes can help you stay more focused, protect your capital, and grow over time. Be smart. Trade with discipline.