Most Common Mistake Futures Traders Make

Most Common Mistake Futures Traders Make

  1. Trading without a predefined plan
  2. No Risk Management risk/reward guidelines
  3. Miss using leverage
  4. Trying to be generalist
  5. Trading the wrong timeframe and Markets moving events
  6. Chasing a move – Fear of Missing Out (FOMO)
  7. No stop order
  8. Letting losing trades run and adding to them
  9. Revenge trading -Trying to get even
  10. Over trading
  11. Taking profits too early  -Trying to get a win
  12. Trying to pick Top and Bottom
  13. They do not understand markets correlation
  14. They do not know when other markets open and close time frames