#TradingStrategyMistakes
Many traders fall into the same traps over and over. Here are 5 common #TradingStrategyMistakes to avoid:
đ« No Clear Plan: Entering trades based on emotion or FOMO instead of a well-defined strategy.
đ Ignoring Risk Management: Overleveraging or risking too much capital per trade.
â° Bad Timing: Jumping in too early or exiting too late due to impatience or fear.
đ§ Lack of Discipline: Changing strategies mid-trade or not following your rules.
đ Neglecting Backtesting: Using strategies that havenât been tested with historical data.
Learning from mistakes is part of the process â but repeating them is costly. Trade smart. đ