Post
Topic
Board Trading Discussion
Re: Common Errors of Trading
by
Yamifoud
on 14/09/2018, 23:16:15 UTC
Here are some interesting facts about trading I stumbled across from CryptoCred which I think may be helpful
Common error to avoid when you day trade, I modified some to reflect my own opinion.

3. Not having a plan (Risk/Entry/Exit/Stop)

4. Not sticking to your plan

People do engage in trading fields don't have a plan(I'm for sure)  cause only in their mind is to have a quick profit returns which is not really works all the time due to market price fluctuations.
But some also have a plan but they never stick into it cause they might be controlled by their emotions and causes losses in the end.