#TradingStrategyMistakes A common strategy mistake is entering a trade purely based on hype or a "tip" without personal analysis and a clear plan. I've been guilty of FOMO (Fear Of Missing Out) buying at local tops.

Correction: I learned to always conduct my own DYOR (Do Your Own Research), combining technical analysis (charts, indicators) with fundamental analysis (project utility, team, news). I now wait for confirmed setups and adhere strictly to a pre-defined trading plan with specific entry, exit, and stop-loss points. If a setup isn't clear, I simply don't trade. This disciplined approach eliminates impulsive decisions and protects capital.