Traders should avoid these sinful mistakes

There are things that we do as traders that set us back in our journey to success and lose us money. There are other things that traders do that just destroy themselves. Many of the following things are done daily by the 90% of traders that lose money in the market consistently.If we want to be a longer term winner trading the markets we have to take these lessons to heart and over come our natural instincts by doing the opposite.

• Instead of cutting a loss the trader holds it stressing over it for the rest of the day or a week. This destroys the trader’s mental capital and inflicts completely unnecessary emotional pain. The first loss it the best loss.

A trader that trades their opinion instead of the price action has a lower success rate than someone who just trades price action. The vast majority of

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