#TradingStrategyMistakes
๐ซ Top 5 Trading Strategy Mistakes That Are Costing You Money
#TradingStrategyMistakes
Even the best strategy can fail if your habits are broken.
Here are the most common mistakes traders make โ and how to fix them ๐
โ 1. Trading Without a Plan
Jumping into trades based on feelings or hype?
๐ Always define entry, stop-loss, and take-profit before clicking "Buy".
โ 2. Overtrading
More trades โ more profits.
๐ Youโre not a machine. Focus on high-probability setups, not constant action.
โ 3. Ignoring Risk Management
Risking 30% on one trade?
๐จ One mistake can wipe your account. Limit risk to 1-2% per trade.
โ 4. Revenge Trading
Lost a trade and want to โwin it backโ?
Thatโs emotion, not strategy. Step back. Review. Reset.
๐ฏ Trade with logic, not ego.
โ 5. Switching Strategies Too Often
Your setup didnโt work once โ so you change it?
๐ No strategy works 100% of the time. Stick to your plan and improve it over time.
๐ฌ Which of these have you been guilty of before? Be honest ๐
Weโve all been there. The key is to learn, adapt, and grow.
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