What needs to be avoided to become Successful trader

Tuesday, July 11 Leave a Comment

As a trader we need to do constant improvement, as trading is an evolving filed and we need to adjust ourself based on changing market conditions. To be best we just need to avoid doing mistakes, the more we minimize our mistake better we will become. Below we have listed few mistakes which if avoided can take you to the path of successful and profitable trading

  • Over Trading : Traders trade too much based on emotion not on a trading plan. Probability of making money increases when you trade less not more.

  • Trend Fighters : Traders tend to be trend fighters

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