Bad habits of beginner traders.

downtrend

Master Sergeant
Messages
886
The worst habit of traders is hope. Hoping that market will return when your positions are in loss. This hope will destroy your account and you will not be able to make anything.
 

FxProTrader

Private, 1st Class
Messages
55
The worst habit of traders is hope. Hoping that market will return when your positions are in loss. This hope will destroy your account and you will not be able to make anything.

It is true that we need to learn from the mistakes in our trades and always try to do our trades according to the market Trends.
 

Kirstysingy

Recruit
Messages
48
When you start off there is a lot of emotions involved, usually because you’ve over invested and then want a bigger return quicker. Both these usually end up with the inevitable loss and then giving up
 

Fenrilrajas

Recruit
Messages
47
The worst habit of traders is hope. Hoping that market will return when your positions are in loss. This hope will destroy your account and you will not be able to make anything.
I think that hoping is somehow can be useful if we speak about trading activity. I consider hoping as a part of a good spirit you know. Every trader must be well-prepared mentally to trading activity, thus hoping is a part of this preparedness, I believe it would be better if trader will hope for the best rather than will be nervous and stressful, isn't it? The worst thing for every trader is a rely on luck. Every trader must have to know that luck is the last thing a professional trader should think of. There is no luck at all and often everybody who rely on it spend all their money and bus their accounts.
 
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