What Traders should not do?

[angelnish]

Steal from their mum's

:cheesy: were you among them:?:

 

[Jack Francisco]

Being too proud to close out for a loss
Trading because of the buzz it gives
Over-leveraging and putting too much risk on the table
Closing out a winning position too early
Trading with a small account
Feeling you always have to be in a trade / over trading

Good advice- In each of those points above there is a massive wealth of information to digest and to learn, and it's for that reason why trading is such a complex business. It's a learning process which will continue for the rest of your trading life; every true trader never stops learning.

Practice makes perfect, and trading is no different.:clap:

 

[advfntrader]

don't try and out margin the market. ie. take your loss and don't try to double down and add margin in the hope it will come back !!

the market moves to extremes and you will end up losing the whole lot eventually....

 

[Jason101]

Trade and watch porn.

 

[Just4Fun]

Don't get emotional, it only a game - think tiddlywinks and snakes and ladders.

 

[JSChicago]

Don't kid yourself into thinking you know what the market is going to do. You don't know, you can't know; be patient and and wait for the market to reveal a high-probability set up.

 

[FringFX]

trade and post comments or worse, lengthy explanations

 

[wackypete2]

buy a Ferrari
make a youtube video
pay over $1 million to develop thousands of ea's


Peter

 

[Lord Flasheart]

Tell your wife its going well
The next thing she will say is"I thought you said it was going well"

 

[FringFX]

the reply should go "don't worry honey, it will go well"

 

[10pips]

lol charming thread

 

[pboyles]

Decide to give up being a builder and sell your tools to fund a £2000 spread bet account.

Somebody did that a couple of years ago.

 

[DionysusToast]

Buy and Sell the same instrument at the same price hoping that somehow profit can be magically made.

lol

 

[rathcoole_exile]

Trade and watch porn.

and eat Wotsits at the same time