#TradingStrategyMistakes

A common trading strategy mistake on Binance is the over-reliance on high leverage in futures markets without adequate risk management. While Binance offers significant leverage, aggressively utilizing it without setting proper stop-loss orders or understanding liquidation points can quickly lead to substantial losses, even from minor market fluctuations. Furthermore, many traders fall victim to FOMO (Fear Of Missing Out) or FUD (Fear, Uncertainty, Doubt), making impulsive decisions based on short-term price movements or social media hype rather than a well-researched, disciplined strategy. Ignoring the impact of trading fees and funding rates, particularly in perpetual futures, can also erode profits over time, turning what initially appears to be a profitable strategy into a losing one.