What are the common mistakes that intraday traders make?

What are the common mistakes that intraday traders make?

Not keeping the SL and trading just by Emotions

1 Like

Focusing on the reward, not the risk.

  • Jumping from one method to another
  • Starting big instead of testing method with smaller qty
  • Revenge trading
  • No trading plan
  • Not using defined entry and stop loss method
  • Holding loss making trades, book profitable trades early
  • Trading on tips and calls
  • Lack of Risk and Money management

regards

mvp

no planning

greedy

no home work