What are the biggest mistakes a trader should avoid in stock trading?

Discussion in 'Professional Trading' started by Vincent S. Ashmore, Dec 25, 2015.

  1. I think the biggest mistake most people who just started trading are making is assuming trading in general and trading stocks specifically has a lot to do with gambling and "gut" feeling.In reality it is a profession you can learn like any other. You just need the right and the most up to date educational info, the right instructors and you are good to go.
     
    #41     Dec 26, 2015
  2. NoBias

    NoBias

    Relying on advice from message boards...
     
    #42     Dec 26, 2015
    Autodidact likes this.
  3. And who are these instructors?
     
    #43     Dec 26, 2015
    wartrace likes this.
  4. Redneck

    Redneck

    Each trade's outcome..., is in fact uncertain

    Impending order flow..., is uncertain

    Trading is gambling (and..., trading is also riskier than gambling)


    Trading is gambling - we can either trade as a gambler.., or as the house


    RN
     
    #44     Dec 26, 2015
    Eliott Gray likes this.
  5. Redneck

    Redneck

    No worries Sir

    Yup


    RN
     
    #45     Dec 26, 2015
  6. Turveyd

    Turveyd

    The only way to trade as the house, is to open a FX chop shop.

    There is a logic behind the market, but it comes down to Momentum and Risking x to make X ( A small amount to make a bigger amount )
     
    #46     Dec 26, 2015
  7. Turveyd

    Turveyd

    Thankyou Sir!!!
     
    #47     Dec 26, 2015
  8. The critical error in that analogy (and this is not a FA vs TA issue at all) is that any financial market operates as a predatory market, with winners taking from losers. Change the game of roulette into a quasi- parimutuel system of betting where each number 00-36 on the wheel expands or contracts inversely dependent upon the number of bets or amount bet placed on each number, then when plotted over time you might be getting something close to a financial instrument chart. I hope that makes sense...
     
    #48     Dec 27, 2015
  9. Redneck

    Redneck


    Time to get our crap wired tight.., and go make money

    RN
     
    #49     Dec 28, 2015
  10. Turveyd

    Turveyd

    If only there wasnt 4000 other things to do, all of them annoying.
     
    #50     Dec 28, 2015