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Common mistakes
Feb 24, 2020 부터 멤버
게시물4
Jul 20, 2020 부터 멤버
게시물286
Jul 23, 2020 부터 멤버
게시물816
Dec 31, 2020 at 03:40
Jul 23, 2020 부터 멤버
게시물816
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.
Dec 31, 2020 at 06:25
Apr 15, 2020 부터 멤버
게시물187
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.
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.
Nov 26, 2020 부터 멤버
게시물14
Jun 26, 2020 부터 멤버
게시물323
Jan 07, 2021 at 11:09
Jul 19, 2020 부터 멤버
게시물310
Managing risk is the most important yet most ignored aspect in trading. I mean all unsuccessful traders do not have any risk management policy. I do not risk more than 1% of my capital in a single trade. If I open more than one trade my maximum risk percentage is 2%.
Jul 20, 2020 부터 멤버
게시물385
Nov 20, 2020 부터 멤버
게시물11

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