I have been around and met a lot of traders and what interests me the most it the fact that people make the same mistakes .
I know this because I used to made these same errors and each times I did I banged my mouse and said ” I would never do this again.Check out these 3 trading transgressions and hope you cannot relate
# 1 – High Expectation(Very High) -The best thing you can do with your trading is to find a balance of what you can realistically earn as a trader and how much work is it going to take to get there.
I know for a fact most people get caught up in the social media hype ,sports car and mansions and want it all today .
That will only lead to a prolonged process rather have very low expectations and very high work ethic and just build on that
#2 – Ignoring your trading history – The best evidence of whether you are winning or losing,in terms of progress, can be found in your trading account history .
Taking a trade and never looking at it again is an amateur mistake and will guarantee that you keep making the same mistake over and over again.
It takes a person with courage to look errors and say ” I am not helping my cause I need help or this trading thing will never work out”
# 3 – too much information – most traders believe the more you know the better you are ,but this is only true for useful info .
Certain things are not very useful when it comes to trading and some are just golden nuggets .So loading up on wrong info doesn’t help your cause because at the end of the day your mind will be so filled with clutter that you cannot execute when the time comes
Trust this was useful click though to the webpage to find more interesting topics or the channel to gain access to our video .
Remember that our Masterclass covers all these topics plus more make it a great trading day
Regards Anele Nkasane