#TradingStrategyMistakes #TradingStrategyMistakes Common mistakes in trading strategies (120 words):
Many traders fail due to emotional decisions and lack of discipline. A major mistake is not having a clear trading plan: entering trades without defined entry, exit, and stop-loss levels leads to inconsistency. Excessive trading, driven by greed or the fear of missing out (FOMO), often results in losses. Ignoring risk management and overexposing positions can quickly wipe out accounts. Traders also make the mistake of chasing trends too late or holding losing trades, hoping for a reversal. Another key mistake is neglecting to test or adapt strategies to changing market conditions. Finally, not keeping a trading journal and not learning from past mistakes hinders growth. Successful trading requires patience, planning, and consistent execution of the strategy.
