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Basic mistake we make
Anggota Sejak Aug 02, 2022
24 pos
Aug 26, 2022 at 11:24
Anggota Sejak Aug 02, 2022
24 pos
Newbies generally focus on making large amounts of money as they begin and settling unrealistic expectations can lead to downfall. Patience has to be practised along with understanding that for things to come into fruition, subtle moves need to be made. Fear can cause a menace and so can impulsiveness. Traders need to have an adaptive attitude and be prepared for any situation.
Anggota Sejak Aug 17, 2022
80 pos
Aug 26, 2022 at 12:41
Anggota Sejak Aug 17, 2022
80 pos
henrytrade posted:Yes, I agree that usually one’s mind gets into the greed of more after gaining some profit and then does not take the decision wisely. Trading should be done calmly and not in a hurry based on happiness of profits.
The most common mistake that traders make is that they become overconfident after earning a profit and often take trading lightly.
Anggota Sejak Feb 16, 2022
119 pos
Anggota Sejak Aug 17, 2022
80 pos
Aug 30, 2022 at 06:27
Anggota Sejak Aug 17, 2022
80 pos
lauraJohnson posted:Yes, I agree that the basic mistake revolves around confidence and skills. Correct information with practical implementation gives positive outcomes . Also, sometimes the traders want to trade faster because of greed that really messes up everything.
We make the basic mistake of becoming overconfident and sometimes underconfident. We must learn to be objective.
Anggota Sejak Jul 26, 2022
49 pos
Jan 04, 2023 at 05:55
Anggota Sejak Aug 03, 2022
25 pos
Nearly all new traders are too curious to make money. We don’t want to waste our time on analysing the market and expect that we will be able to make money from the day we start. Eliminate this thought and focus on your learning and money management techniques so that you don’t lack anything.
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