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Let us to speculate about most popular mistakes in trading 💭 (Part 1) 1) Beginners often start to look for trades and they try to enter long / short rather that to trade what the market gives them If you can't understand a chart, you are not obliged to trade this day, just skip this day and have a rest or do other things you have to do. If you start to enter bad positions and you even don't understand a chart you will probably hit a stop loss. 2) To trade after a stop loss Usually when we hit a Stop Loss, we are not ready emotionally or mentally continue trading, because in 99% people will think "Oh I hit Stop Loss, I am going to enter a trade one more time to cover my loss and to earn money. This time it is going to work" and actually people are hitting SL second time Continue reading a post in comments 👇
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3) To trade without Stop Losses Stop Loss is your key to a victory, which helps you to understand your mistake or to minimize your loss if you were wrong. Why you have to hit a liquidation and to loss a lot of money, if you can open for instance 2,5,10 more trades with these money ? If you liked my cast please like and recast it 😇
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