Traders Common Mistake

we the traders should develop our trading strategies besides develop our money management.

 

yes otherwise our trading life can be useless after having good knowledge and experience.

 

The most common mistake traders make is losing control and giving up, the one who can master his emotions can work easily and happily.

 

I agree, having a consistent plan for a specific amount of time is very important to sustain in forex.

 

most of the time any kind of trading plan not works , because market moves at random and never follows any fixed trend.

 

1. Trading in fear, emotion and greed
2. Not investing sufficient time to learn forex
3. Overtrading

 

Y'all good with mistakes.

 

I think getting too much attached with trading and letting emotions get in the way.

 

emotions is the foremost enemy in Forex trading , we traders should control this human habit by mental exercise.

 

emotions can be dangerous for traders as revenge trade is one of the worst things that they can do as trading mistake.