traders should trade in demo more and more to make sure great level of live experience that can control your emotions also.
traders always choose the wrong trading broker , they choose broker with emotionally , actually they should choose the broker which is more appropriate to the concept of trading that will be used.
I think most of them are influenced by promising adverts, friends or online reviews. It's always important to do your own digging, check T&C before choosing. Though a friend recommended forexchief, I had to do my own findings, did some testing too before deciding. They have impressed me with their good conditions so far.
most common mistake after having a losses they try to recover losses by trading over and over , this is a most worst mistake i think
Some traders don’t understand that it takes time to do well. They often lose out because they are impatient and want to make money quickly.
i think there is no one who can control his time , actually we have to control ourselves , above all emotions