Reasons for mistakes most people make
1. Losses lead to a rush to break even; rushing to break even leads to frequent trading, and frequent trading leads to anxiety about gains and losses...
2. Even though you are making money, seeing others earn hundreds of thousands to millions can make you feel worse, wishing you could leverage to the max, only to end up in trouble,
3. After opening a position, you make a little profit and run, only to miss out on a big market move, then when you want to capitalize on the big market, you find yourself with a little profit but also a pullback, getting trapped again, repeating this torment...
Actually, all these problems can be resolved; you first need to understand the deeper reasons behind them to consider how to address them.
The most important thing in trading is the mindset, not the technique; having the right mindset enables you to survive and profit continuously.
