An easy one this week! Just finish this sentence:
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manage your risk poorly
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…thinking there is a fast track to financial freedom.
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leetting your emotions guide you.
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The ironic twist is that the SLOW track actually is fast track.
And the fast track is the slow track. It probably will only lead you back to your starting point, or even further behind.
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Having no money to worry about is financial freedom.
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being certain what price will do next.
We can trade off high possibilities, but we can never be certain of what will happen next.
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Not treating it like it’s a $7tn a day business.
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overtrading.
Less is more…
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believing what “Analysts” say.
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Strategy Strategy Strategy!
Every trade has it’s own personality and deserves, no, REQUIRES it’s own exit strategy. Coddle each trade from entry to exit to ensure you’re aren’t being tripped out with your SL or your TP unrealistically high. Watch and learn and have a STRATEGY!
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Analysts… ha, they’re people too!
Do your own analysis, don’t be influenced by influencers unless it meets your expectations.
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Chasing a Trade, if the move has already happened and you are not in the trade, don’t chase by getting in late, there will always be another trade
lots of good answers here
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Have to agree with Stephan2: Poor risk management
Forcing a trade, when am suppose to stay out of the market.
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…skipping from trading to gambling
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- (…) not treating it as business.
- (…) not having clear objectives.
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Not have an strategy., this involved all steps… Including the risk management… Period!!!
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Being married to an unproven strategy.
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