#TradingStrategyMistakes

TRADING STRATEGY MISTAKES

"Common Mistakes to Avoid"

For traders on *Binance* — even the professionals — strategy mistakes are not about being less intelligent, but often about *discipline and execution*.

*🚫 7 Common Mistakes in Trading Strategy:*

1. *Overtrading*

➤ Emotions & FOMO replace logic.

Solution: Focus on the quality of setups, not quantity.

2. *Without Risk Management*

➤ Entry without SL/TP = speculation, not strategy.

Solution: Use a risk:reward ratio of at least 1:2.

3. *Doubling Down on Losing Positions (Martingale without control)*

➤ Can be destroyed in just one direction.

Solution: Stick to sizing plan and evaluate reasons for loss.

4. *Changing Strategy Midway*

➤ Not giving enough time for the strategy to work.

Solution: Test and evaluate the strategy with backtesting and forward testing.

5. *Only Focusing on 1 Timeframe*

➤ Blind to major trend direction or minor noise.

Solution: Use multi-timeframe analysis.

6. *Too Many Indicators*

➤ Confusion from conflicting signals.

Solution: Use indicators as confirmation, not the main basis.

7. *Not Learning from Historical Entries*

➤ Mistakes repeated unconsciously.

Solution: Keep a trading journal (entry, SL/TP, emotions, outcomes).

*💬 Note:*

Strategy is not just about entry points, but a complete system that includes mindset, money management, and consistency.