#TradingStrategyMistake

Here are the most common trading strategy mistakes — especially on platforms like Binance — that many beginners (and even experienced traders) make:

1. No Clear Strategy or Plan

Mistake: Jumping into trades based on instinct, YouTube hype, or Telegram groups.

2. Overtrading

Mistake: Taking too many trades in a day or

3. No Risk Management

Mistake: Putting too much capital into a single trade.

4. Revenge Trading

Mistake: After a loss, immediately trying to “win it back” emotionally.

5. Ignoring the Trend

Mistake: Trying to "catch the bottom" or "short the top" against the main trend.

6. Holding Losers, Selling Winners

Mistake: Letting losses grow, while cutting profits too early.

7. No Trading Journal

Mistake: Not tracking past trades, so repeating same mistakes.

8. Blindly Following Others

Mistake: Copying trades from Twitter, Reddit, or YouTube without research.

9. Ignoring Fees and Slippage

Mistake: Making many small trades without accounting for Binance’s trading fees.

10. Using High Leverage Without Understanding It

Mistake: 10x or 20x leverage on Binance Futures without proper knowledge.