Killer Mistakes due to trading intraday or position in markets…
- Always entering the market against the Trend.
- Entering the market in the direction of the trend when its too late.
- While losing, increasing the positions in the same direction.
- Trading addiction and trading by feelings.
- Stop-loss orders too close or too far.
- Take-profit orders too close or too far.
- Learning from the past mistakes and then making a bigger mistake.
- Loving our trades and bias for the figures.
- Trading too big for your account size.
- Varying the position size of your trades.
- Not looking at the both at the long-term and short-term picture of the market.
- Not using the stop-loss order- THE ULTIMATE KILLER (you can do all mistakes and still survive but you do this and you have invited the death of your account).
