20 Most Common Trading Mistakes: And How You Can Avoid Them

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John Wiley & Sons, Jan 6, 2012 - Business & Economics - 224 pages
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You're a trader. You live a life of glamour, fast cars, leisure and luxury -- everything you've ever dreamed of ...

Of course, that's until you discover that trading can be brutally difficult. If you play the trading game, you are going to make mistakes -- maybe even some like these:

  • agonising endlessly over when to enter or exit a trade
  • trading like a maverick, risking too much of your capital
  • beating yourself up when a trade goes against you
  • losing $1 million in a single trade
  • clicking 'buy' instead of 'sell'
  • buying 10 000 units when you only meant to purchase 1000.

20 Most Common Trading Mistakes reveals market mishaps from some of the biggest names in trading. Everyone - from stellar traders to complete novices -- can use help learning how to trade in the black. Why not learn from the masters how to turn blunders into profit?

 

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Contents

Acknowledgements
The horse goes in front of the cart
Failing to plan is planning to fail
Copyright

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About the author (2012)

Kel Butcher is a financial markets trader with almost 20 years' experience trading shares, futures, options, warrants and CFDs. Kel is a regular contributor to YourTradingEdge magazine and acts as a consultant to a managed fund, a boutique trading company and a share-trading software developer. Kel is the author of A Step-by-Step Guide to Buying and Selling Shares Online.

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