To be a Successful Financial Trader Avoid These Errors
Every year we take lessons or error in our financial transactions. Have a mass of sticky notes for my senior and important reminders about certain aspects of my financial transactions, I would like to note or habit, I intend to avoid. This year, I decided to check me.
Financial transactions "Press"
Confidence in your market analysis is necessary. Financial transactions are profitable, if not the underlying logic or the concept of reasoning is important. Drug dealers often forget that the most important aspect is the position size or strength, offers specific financial transactions.
There are two points. Should be mainly in the village market, trends, size based on the company's website. In the bull market should vary very briefly constantly short positions on a number of critics.
2. That is, not only because the financial transactions that we need to increase the advantage in the next. It is especially the short term financial strategy: a good number of specific preparation, financing and, therefore, the next set of "doubled lately? The following actions, I learned more this year (remember that the picture is only in the short term will not continue in the game in the most significant rule restyling offers the opportunity to improve access.) This return with the previous point: decide where to "intense", it is always better to take into consideration the most important trends in betting operation.
To deal with traffic and respect for your judgment to avoid
Revenge of the financial transaction has changed this year. Can persuade many times even after his arrest, return to the "security" of the market (even with greater intensity), because it is moving in the right direction. For the most important things to consider, the entry on the market? Prejudice wider? There was for him to print all the data? Some examples of control proved to be a success (especially in the intraday price movements), but only some of them. The movements of the face becomes a habit: resistance or support, stop and try to get the maximum or minimum value is usually stupid, even if it's short term financial operations.
Detect if it's false, swallowing our pride, walk
Note of gains and losses
Filled with another hassle this year I was less aware that unrealized gains and losses. Objectivity is necessary, but often difficult, heavy pressure is observed in the open position. Most of the time, move the focus to the current performance of the current position of the price list for details. This year, there are many examples of where they come from profitable positions or to make the first stop because "objectively," explained the fluctuations of the shares in the short term, in the context of the whole market. Adhering to their faith, plan for financial transactions, manage the market, the rest. Gains and losses arise that should not be a byproduct of his analysis, which drives your business practices in the financial sector. Stop the observed earnings and losses and maintain its commitment to the market.
