#TradingStrategyMistakes Mistakes in trading strategies to avoid!
Success in trading depends on a sound strategy, but even experienced traders make mistakes that can lead to losses. The first common mistake is the lack of a clear plan. Trading without a strategy is like swimming without a compass: impulsive decisions often lead to losses. The second mistake is ignoring risk management. By not setting stop-losses or risking too much capital in a single trade, traders expose themselves to danger. The third mistake is chasing the market. Entering a trade at the peak of emotions or after a strong price movement is rarely justified. Another trap is overtrading: too frequent trades increase commissions and stress. Finally, ignoring the analysis of past trades hinders learning from mistakes. Develop a strategy, maintain discipline, and analyze your actions — this is the key to stable profits.
