#TradingStrategyMistakes

One of the biggest mistakes that beginner traders make is not having a clear plan before entering trades. Many make decisions based on emotions or breaking news without careful analysis, leading to significant losses. Another common mistake is ignoring risk management, such as failing to set stop-loss orders or speculating with capital larger than their ability to absorb a loss. Additionally, some fall into the trap of relying on a single strategy without adapting it to changing market conditions. Learning from past mistakes and keeping up with the latest developments in technical and fundamental analysis is the key to success in trading.