How To Improve Trading Success

Holding on to losing trades and getting rid of winning trades. Here we go again: the old but I dont like to lose argument. Its human nature to hold onto losses in the hopes that they will rebound. You will have losing trades; get used to that fact. Focusing on how you manage loss rather than trying to ignore it will put you ahead of the crowd.
On the flip side, traders often get out of winning trades too early so they dont have to deal with giving profits back.” If you want to lose money trading, holding losses and getting rid of winning trades is a surefire way to achieve it. In trading, its much more important to be profitable than to be right, and in order to be profitable, you need to cut your losses early and let your winning trades keep working for you.

Overtrading. This one is simple.

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