your worst mistake

Discussion in 'Trading' started by bitgooods, Apr 23, 2021.

  1. kakao

    kakao

    i fell a sleep before the sell of my options... They expired worthless...
     
    #51     Apr 29, 2021
  2. I feel my biggest mistake was to not have a good trading plan. I didn’t set my goals which is the worst thing someone can do because you can achieve nothing, if you don’t have goals. Because of this, I lost on many of the trades that I initiated. I even felt that I should just quit trading and do something else because this was clearly not my cup of tea. From there on my learning started and today I have a trading plan, have my daily goals set which I make sure to finish.
     
    #52     May 10, 2021
  3. Arnie

    Arnie

    Not realizing at a young age that time is the best edge..
     
    #53     May 10, 2021
    Jeff82 likes this.
  4. Scaling up. While technically it is the correct thing to do it gets to a point where one loss can be a whole years normal working salary. It will f up your confidence. I think it is better to play smaller once you reach a bigger portfolio for health sake.
     
    #54     May 10, 2021
    Jeff82 likes this.