Bad habits of beginner traders.

ForexTus

Recruit
Messages
149
If you feel panic from trading then you likely faced large loss on your account. There is simple solution to avoid such situations - use stop loss in every trade.
I would also add to have a risk per trade that isn't frightening. This is key to being comfortable in DD
 

Naktilar

Recruit
Messages
9
The worst habit is not to learn. Learn on mistakes, learn on losses, learn on successful trades. Trading is all about learning and consistent learning. Traders should understand that without learning they would never be able to develop their skills and receiv knowledge and experience, hence it's a mandatory thing. Moreover, risk management practices neglection is also a bad mistake and habit. Traders think that they would certainly win the position without compliance with the risk levels. It's wrong and if you are such a trader then you will certainly faced losses because of this reason. So, be careful.
 

juan_01

Private
Messages
21
the worst habbit of newbies is arrogance. there is nothing worse than this. unfortunately, more experienced traders also have it.
 
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