ere is a list of common mistakes to avoid when you begin trading:

  • Lack of Education - If you are here, it is a good start. Many people start trading with no idea of what they are doing. A doctor doesn't perform surgery without an in-depth education. The same should apply to any field.
  • Profits - Take profits when there are signs of a reversal. Let the winners run!
  • Stop Loss - Cut losses quickly and learn to lose right. Don't turn a bad trade into an "investment". It is important to identify where you are going to get out when things go wrong BEFORE you enter a trade. Losing your hard earned capital by holding on to a bad trade can become a nightmare.