#TradingStrategyMistakes Many trading strategies fail due to common mistakes. Emotional trading (FOMO or panic selling) often overrides logic. Lack of a clear plan – trading without defined entry/exit points, risk management (like stop-losses), or profit targets – leads to impulsive decisions. Overtrading, driven by excitement or trying to recover losses, incurs excessive fees and poor judgment. Ignoring risk management, especially with leverage, can quickly wipe out capital. Lastly, insufficient research into the asset or market conditions, relying on hype instead of analysis, consistently leads to losses. In India, the 30% flat tax on crypto gains and 1% TDS on sales further emphasize the need to minimize costly mistakes.$BTC
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