How "Not learning" from Trading Mistakes can be Disastrous

Someone Rightly said "Those of us who don’t learn from mistakes are destined to repeat them."
What has happened to Markets in Jan/Feb -2016 was the reminiscent of May 2006. Most of traders had no clue such a big fall can come.

The 11 Most Common Mistakes of a Trader are

 

1. Not Having a Trade Plan.

2. Not Having Money Management

3. Not Using Stop Loss Orders

4. Taking Small Profits and Letting Your Losses Run

5. Overstaying Your Position

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