#TradingStrategyMistakes often stem from emotional decision-making, lack of discipline, or poor planning. One common mistake is not having a clear trading plan or strategy, leading to impulsive trades. Many traders also fail to set proper stop-loss levels, risking large losses. Overtrading, or taking too many trades without proper analysis, can quickly drain capital. Ignoring risk management, such as risking too much on a single trade, is another frequent error. Traders sometimes chase the market out of fear of missing out (FOMO), leading to bad entries. Relying too heavily on tips or social media without personal research is risky. Consistent success requires patience, discipline, and learning from past mistakes.