#TradingStrategyMistakes
These are common mistakes that traders often make when implementing strategies. Common errors include: not adhering to discipline, making emotional trades, not setting stop-losses, changing strategies too frequently, and lacking capital management. Additionally, many people do not backtest their strategies with historical data or overtrade, leading to negative psychology. To avoid mistakes, investors need a clear plan, patience, and continuous improvement of their strategy based on analysis and practical experience.
Don't wait for the peak
Take profits when you feel it's enough