Quote from: lixer on August 08, 2018, 10:46:53 AM

Quote from: Findingnemo on August 07, 2018, 12:52:03 PM

almost all the points you mentioned were common mistakes made by the trades even if they are experienced enough.But they also have to learn themselves to avoid these mistakes to make more profits,most important thing is not having a strategy or plan will leads to other errors.

Mistakes arent bad. They are for our motivation and learning hub. Those who learn from their mistakes must understand that their professional life would be amazing. They are students of teacher that is greatest of all the materiality approach elements. Mistakes have got hidden instructions that if would extracted out, must be fantastic for the learner throughout his life.

You cannot do well in the long run without making mistakes and learning some lessons from it. Some were fortunate enough to bump into trading the market last year when the market was in an uptrend thinking it is all about buying low, being patient and selling high. I do not want to imagine how that is working for them now in this downtrend market.

The fact is trading cannot be effectively done without knowledge and that makes anyone who ends up going ahead without it always end up fumbling. Knowledge are easily available only when we make mistakes if those mistakes are happening when trade in demo accounts or while trading in low volume then we may escape otherwise never ever repeat a mistake and that mistake does not need to be your own.