- Blog
- COMMON MISTAKES IN TRADING
- Trading for excitement & thrill and trading with a high ego.
- Trading with money that can't afford to loose & being too emotional about money.
- No trading plan and lack of record keeping.
- Not cutting losses and not letting profits run.
- Letting small losses turn into large losses.
- Not sticking to plans & changing strategies.
- Bottom fishing/catching falling knives.
- Fighting the trend - shorting bulls and buying bears.