5 Most Common Trading Mistakes

Learn how to avoid typical day trading mistakes The ability to make rational decisions is critical in all aspects of your trading life. Once you have identified and eliminated the most common barriers in the trade decision process, you can expect accelerated success and professional growth.   Let s identify the five common mistakes people make when making irrational trade decisions. 1. Trying too hard to be right Although we all want to be right, ironically, the worst way to be correct is to desperately need it. When you are too needy it repels logical thought. Your brain senses your lack of confidence and as a result it starts using negative internal talk . Thankfully there is a solution. The more confidence you build in your trading acumen, the more rational your decisions become. Your sub-conscious mind reflects back what you feel about yourself. So, make a point of building your self-confidence and notice how pleased your conscious rational mind will be with your trading activi
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