What are the most common mistakes traders make?
Hello. What are the most common mistakes traders make? What mistakes did you make at the beginning of your trading career? Could you share your opinion? I'm writing an article on this subject, and I'd like to hear from other people.
Hello. What are the most common mistakes traders make? What mistakes did you make at the beginning of your trading career? Could you share your opinion? I'm writing an article on this subject, and I'd like to hear from other people.
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All of the mistakes below come from not controlling your emotions.
Lack of patience - you should wait for a good moment of entry and exit, set the maximum level of loss - SL, and a satisfactory, probable profit - TP not leaving the position (in crypto we are usually not yet taught to take and enjoy small profits - as it is on the market traditional), lack of discipline and not sticking to the rules, willingness to play a role, lack of rest, activity, communing with nature,
These are the mistakes I made most of the time ;)
All of the mistakes below come from not controlling your emotions.
Lack of patience - you should wait for a good moment of entry and exit, set the maximum level of loss - SL, and a satisfactory, probable profit - TP not leaving the position (in crypto we are usually not yet taught to take and enjoy small profits - as it is on the market traditional), lack of discipline and not sticking to the rules, willingness to play a role, lack of rest, activity, communing with nature,
These are the mistakes I made most of the time ;)
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Machine translated