8 Common Psychological Trading Mistakes 😐
8 Common Mindset Errors Traders Make http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! the main reason most traders fail isn't because of the strategy but because we can't overcame many of the mindset hurdles that make trading so challenging.
1) Beliefs about market direction - leave the beliefs to talking heads on Bloomberg - you are a trader. For about beliefs - you are just looking for good trades.
2) Increasing position size aggressively. I've done this myself and got smacked down on the face several times due to this.
3) Chasing the trade when you have no good risk/reward. We want to get onboard trades but not at any cost. If you can't have a good entry then you have no business being in the trade.
4) No plan - this is a big one. Trading with no plan is no good. You need at least a basic plan - have some risk management in place!
5) Ignoring the trading plan - due to fear of loss you don't close trades because you don't want to crystallise the loss.
6) Being wrong and letting ego keep you wrong.
7) Jumping in with no defined setup.
8) Seeking other people's opinion.
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Видео 8 Common Psychological Trading Mistakes 😐 канала UKspreadbetting
1) Beliefs about market direction - leave the beliefs to talking heads on Bloomberg - you are a trader. For about beliefs - you are just looking for good trades.
2) Increasing position size aggressively. I've done this myself and got smacked down on the face several times due to this.
3) Chasing the trade when you have no good risk/reward. We want to get onboard trades but not at any cost. If you can't have a good entry then you have no business being in the trade.
4) No plan - this is a big one. Trading with no plan is no good. You need at least a basic plan - have some risk management in place!
5) Ignoring the trading plan - due to fear of loss you don't close trades because you don't want to crystallise the loss.
6) Being wrong and letting ego keep you wrong.
7) Jumping in with no defined setup.
8) Seeking other people's opinion.
Related Videos
5 🖐 Big Mistakes New Traders Make
https://www.youtube.com/watch?v=YaX_1OsqgWU
Trading Mistakes and Bad Habits to Avoid 🙄
https://www.youtube.com/watch?v=iwG723PjjkY
8 Common Psychological Trading Mistakes 😐
https://www.youtube.com/watch?v=ZrsS0MQovZg
Top 10 Biggest Mistakes Traders Do! 😮
https://www.youtube.com/watch?v=WvCieu5-Mbw
4 Trading Mistakes that Traders with Some Trading Experience (6 months to 12 months) Make 😳
https://www.youtube.com/watch?v=oHz9ts99oJs
8 Trading Mistakes Many New Traders Make 😬
https://www.youtube.com/watch?v=PAIQGthxygQ
The Biggest Mistake Traders Make When Taking a Big Loser 🤨
https://www.youtube.com/watch?v=TaDuKTPYQEM
6 Mistakes Traders Make in a Bull Market! 😶
https://www.youtube.com/watch?v=fWFNW9BuU7E
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https://www.youtube.com/watch?v=mfMiPVTgiIA
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https://www.youtube.com/watch?v=s94HVBsSHqw
7 Forex Trading Mistakes and How to Avoid Them 🙄
https://www.youtube.com/watch?v=ZCd4xBFt9dU
Видео 8 Common Psychological Trading Mistakes 😐 канала UKspreadbetting
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