10 common trading mistakes

Photo by twenty_questions
Mistakes are a part of trading. Every trader makes them. But the most successful traders in the world—the ones who make huge profits every year—are the ones who make the least number of mistakes. The following is a list of ten common trading mistakes. Once you’ve learned to avoid these errors, you’ll expand [...]

Author: Austin Comments: 1 comment Date: 29 May 2008 More: Read more
Categories: Trading Tags: , , , , , ,

12 rules that can save you further losses

Photo by tarotastic
On Risk
Worry is not a sickness but a sign of health if you are not worried, you are not risking enough.
Always play for meaningful stakes if an amount is so small that its loss won’t make any significant difference, then it isn’t likely to bring any significant gains either.
Resist the allure of diversification.
On [...]

Author: Austin Comments: 1 comment Date: 27 May 2008 More: Read more
Categories: Trading Tags: , , , , , ,