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UweMoench
Dec 30 2020 at 12:45
263 messages
Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.

Viktor776363ttd
Dec 30 2020 at 14:24
3 messages
Deviation from trading strategy and violation of trading discipline.

AliaDare
Dec 30 2020 at 19:36
285 messages
The main cause of emotional trading loss. Success is never achieved by trading from emotions.

LeviSievwright5
Dec 31 2020 at 02:26
279 messages
Every trader needs to maintain discipline. Trading is not possible without discipline and plan.

LyudmilLukanov
Dec 31 2020 at 03:40
249 messages
UweMoench posted:
Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.

True. Fear of losing money also mislead trader. So, be aware of that.

Elena Triston (ele020)
Dec 31 2020 at 06:25
113 messages
There are so many of them.. Frankly i myself committed most of these mistakes during my newbie days.

1. Thinking that you have learnt everything: Most of the new traders start with their basic trading knowledge and towards the end they feel 'I am a pro now, i know everything.'

2. lack of regular practice: Even if you are doing good in your trades it doesn't mean you will be in profit whenever you trade. regular practice is the key to gain experience. Without experience one clearly doesn't know how uncertain and volatile market can be.

3. Greediness of course: The day you start trading to hound the profits and nothing else, you will start losing your capital. Greed would make you place larger trade size which can certainly flip your account.

4. Taking too much risk: Yes, taking risk is required when it comes to trading, but taking risk beyond your trading capacity is unethical.

There are many more common mistakes, but apparently these effect your trading the most.

The more your practice, the more you learn.
Daxton
Dec 31 2020 at 07:28
25 messages
There are so many mistakes us traders make but the most important one is not working on your trading psychology. I believe if your mindset is strong you can conquer all other obstacles.

Maximilian (Maximilian344)
Jan 04 at 12:30
5 messages
More often than not, people violate trading discipline.

dennisstanley
Jan 06 at 06:20
18 messages
Trading is not everyone’s cup of tea. You have to put a lot of effort to make the most of the market.

Roberto21
Jan 06 at 07:47
355 messages
Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.

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