🚨 TradingStrategyMistakes: 3 Pitfalls Killing Your Profits.
Even skilled traders self-sabotage by repeating these critical errors:
🔥 1. *Emotion-Driven Decisions*
Chasing losses ("revenge trading") or exiting winners early due to fear/greed ignores strategy. *Fix:* Mandatory cool-down periods after losses + strict daily loss limits .
📉 2. *Neglecting Risk Rules*
71% of retail traders blow accounts by risking >2% per trade or skipping stop-losses. *Fix:* Never risk >1-2% of capital; use guaranteed stops .
🧩 3. *Inconsistent Execution*
Abandoning plans during volatility or overtrading low-probability setups erodes gains. *Fix:* Backtest strategies, journal every trade, and wait for high-conviction signals .
*💡 Key Takeaway:**
Profitability isn’t about perfect entries—it’s avoiding unforced errors. Discipline > Prediction.