There are three most common problems that seem to me the most significant:
1) Traders are too confident in their understanding of the market and trade.
2) Traders don't want to work on self-development
3) Many traders think that trading is a way to quickly and make a lot of money.
Beginner traders are more dreaming than their actions. They want to make high amount of profit in less time. This practice is a big mistake can be dangerous . They are in hurry do not want to waste their time in learning and practice. They do not know how much valuable this practice will be for them in real trading.
The trader who has been battling for a considerable length of time needs to discover what works best for them, as well as need to bring an end to any unfortunate propensities and set aside negative emotions they may have developed throughout the years. This is on the grounds that a starting trader hasn't had sufficient energy to make any unfortunate propensities. Be that as it may, regardless of in case you're a starting trader or you've been trading for a considerable length of time, there are a couple of price action trading procedures that you ought to dependably keep in your back pocket.