Things to Watch Out for in Trading

Learning from mistakes is one of the keys to success in carrying out trading activities. However, there are still many traders who are caught in the mistakes made and stuck in the trap. These errors make trading performance unable to improve. What are the things to be aware of in trading?

Don't Have a Trading Plan

Good and experienced traders always have a good plan before entering the market. The trader already knows when is the right time to buy and when to sell. In addition, traders have considered the risk well. However, this trading plan is still not done well by novice traders. Traders still don't understand how important a trading plan is, so they don't have a plan when to buy and when to sell. This is what makes the profit opportunities from each trade even smaller and vulnerable to the security of the trader's capital.


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