The Ultimate List of Trading Mistakes I have committed.

A long thread. Read on.

Which mistakes have you committed?

1) Strategy Hopping: Changing Strategy as soon as I got a series of losses. Sometimes faster than changing daily clothes. What about you?

2) Trading without knowing the rules of the market:

a few examples

a) Change in lot size
b) Not knowing the margin
c) Not knowing how Options settle

Sounds Familiar?

3) No Backups

One should be prepared for unknown events, like having 2 internet lines, 2 laptops, 2 brokers, etc

4) Not expecting the worse

Remember

PNB Scam
Air Strike
A big leader dying

Anything can happen, that's why keep stop-loss in the system.