A Dozen Dumb Things That New Traders Do
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Being a stubborn bear in a bull market.
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Being a stubborn bull in a bear market.
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Risk your entire trading account on one trade.
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Trade an account that is so small that you can’t even overcome commission costs.
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Trade your opinions instead of the chart action.
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Think that a some trading guru has a crystal ball and follow them unquestionable.
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Keep doing the same type of bad losing trades over and over and expecting profitable results.
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Trading randomly instead of systematically.
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Trading with no edge.
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Think that trading is easy money.
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Let their emotions move strongly based on a single trade.
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Judge their ability to be a successful trader in just one market environment.