I want to share with you some of the most important mistakes make traders when doing operations on a financial instrument.
- Enter to operate without a Plan: this error is the most common and which can cause us to lose more money, trading there that improvise must have a plan with rules already defined when entering or exiting an operation. To correct this error you must have discipline and follow the rules of our plan.
- Wants results immediately: the trading is a game of patience, we always want to go into an operation that take their goals quickly and in reality this does not happen so, the market is taken their time to make their moves and patience It is the best weapon of a trader.
- Do not take into account what professional traders are thinking: we must think of as professional traders are taking positions in that operation, you should be aware that this market many interests and many brilliant traders move it. You always have to take into account that in this market there are many traps laid by professional traders for profit many of our lost.
I hope that this description of errors more common in trading, will allow us to develop more professionally in this world.
God bless you.