One of the biggest mistakes when trading is not having a defined strategy.

Many novice traders enter the market without a plan, leading to impulsive decisions and unnecessary losses. Others fall into over-leveraging or fail to respect their stop-losses.

In addition, letting emotions like fear or greed cloud judgment can be detrimental. The key is discipline: set your goals, conduct backtesting, and adjust your strategy based on the results.

Don't forget to manage risk and not to risk more than you can afford to lose. 📉💡 #TradingStrategyMistakes