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Skipping Demo Mode
Jumping straight into live trading without testing first is the fastest way to take on unnecessary risk. Always start in demo.
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Not Testing Enough Strategies
Many users try just one or two strategies. The smart approach is to test 10–20 from the Performance Page and narrow down to 2–3 consistent winners.
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Using Timeframes That Are Too Short
M1 or M5 timeframes create more noise and more risk. Higher timeframes (M15 and above) provide steadier performance.
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Leaving Consecutive Signals Too Low
Running consecutive signals at 1, 2, or 3 means the system can take trades too aggressively. Increasing this filter adds protection.
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Forgetting the Max Orders Cap
Not setting a maximum number of orders can quickly overload your account. Always define a safe limit.
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Going Live Too Soon
Switching to live before you’ve found and tested your winning strategies is a common and costly mistake. Wait until you’re confident.
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Changing Too Many Variables at Once
Tweaking multiple settings simultaneously makes it hard to know what’s actually working. Adjust one variable at a time.
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Ignoring Risk Tolerance
Running aggressive settings without considering your account size or comfort level often leads to unnecessary stress (and losses).
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Not Reviewing Results Regularly
Galileo FX isn’t a “set it and forget it” tool. Performance should be reviewed and optimized regularly, especially in changing market conditions.
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Expecting Instant Wins
Some traders give up too soon or chase “perfect” results. Successful users are patient, systematic, and willing to fine-tune over time.