Common Repetitive Mistakes Intraday Trading CITS
Common Repetitive Mistakes in Trading Account for 90% of Failures
If you are not profiting consistently or losing heavily then you are definitely committing these Common Repetitive Mistakes Traders do in Intraday trading. If a trader tries to improve upon and overcome these repeating mistakes, any trader is going to be a winner. Make sure not to repeat these mistakes.
Not placing the stop loss.
Common Repetitive Mistakes no.2:
Not covering a losing stock,
Common Repetitive Mistakes no.3:
Not taking profits when it comes,
Common Repetitive Mistakes no.4:
Adding to a losing stock,
Common Repetitive Mistakes no.5:
Making averages to a losing position,
Common Repetitive Mistakes.6:
Not exiting from a non-performing trade.
Common Repetitive Mistakes.7:
Not taking more gains when moving in your direction by using a trailing stop loss.
Paul Tudor Jones greatest Trading Mistake quote
"Were you want to be is always in control, never wishing, first and foremost protecting your butt."