#TradingStrategyMistakes
Many traders fail by trading without a plan, leading to impulsive decisions. Overleveraging increases risk and can wipe out accounts quickly. Ignoring risk management—like not using stop-losses—leaves traders vulnerable to large losses. Overtrading, driven by greed or boredom, leads to poor entries and high fees. Chasing the market or trying to time tops and bottoms often results in losses. Emotional trading—driven by fear or greed—clouds judgment. Relying solely on indicators without understanding price action can also mislead. Lastly, failing to adapt strategies to changing market conditions causes underperformance. Discipline, patience, and consistency are key to long-term success.
