#TradingStrategyMistakes

Common examples of trading mistakes . .

1. No Clear Plan:

Entering a trade without knowing entry and exit points or defining risk percentage.

2. Emotional Trading:

Making decisions based on fear or greed, especially after a significant loss or gain.

3. Overtrading:

Opening a large number of trades without logical reasons or strong signals.

4. Ignoring Stop-Loss:

Leads to massive losses when the market moves against expectations.

5. Poor Risk Management:

Such as risking a large percentage of the account on a single trade.

6. Overconfidence:

After a series of successful trades, the trader believes they cannot lose.

7. Indicator Addiction:

Using dozens of indicators without understanding the underlying price action.

8. Strategy Hopping:

Trying a new strategy every week without testing or committing to a specific plan.