This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

adj. Based or acting on error; misled: well-intentioned but misguided efforts; misguided do-gooders.

adj. ill-conceived or not thought through

adj. misled or mistaken

adj. lacking proper guidance

v. Simple past tense and past participle of misguide.

adj. wrong in e.g. opinion or judgment

adj. poorly conceived or thought out

"But Shaun Donovan, secretary of Housing and Urban Development, largely blamed their failure on what he called a misguided attempt by the mortgage-finance giants to regain market share from Wall Street firms."

misguided    misguides    misguiding   

advise    rede    counsel    guide    direct    conduct    take    lead   

misguidance    error    guid    misinform    mislead   

Clyde    Eid    Hyde    Outside    Pride    Ride    Stateside    abide    allied    alongside