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Trading Mistake You Are Probably Making…

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A hard truth: some people are not cut out for trading.

They may not have the skill-set or passion required to make it as a trader.

Although the vast majority of traders fail to achieve long-term success, most people probably don’t fall into this category.

While there is certainly a list of trading mistakes you can make, possibly the biggest mistake you can make is self-deception.

Let’s look at an example of self-deception in terms of trading and see if it reminds you of yourself.

Simple Trade Plan Errors

You’ve had a few decent days sticking to your trading plan, you’ve made some good money and traded well in your own mind.

You think that you might just have turned a corner.

Your trading account takes a hit and you lose a load of money by failing to take your stops as dictated by your trading plan.

- See more at: http://www.netpicks.com/possibly-biggest-trading-mistake/

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