Top 3 Mistakes Every Trader Makes—Are You Guilty?
Look, we’ve all been there. That moment when you’re staring at your screen, wondering how your “can’t-lose” trade just went sideways faster than a Tokyo drift. Time for some real talk about the trading mistakes you’re probably making (yes, you).
TLDR:
- Your emotions are playing you like a fiddle
- That position size? Yeah, it’s wrong
- Your strategy has more holes than your favorite excuses
Let’s dive into the painful truth 👇
- Treating Your Stop Loss Like a Bad Tinder Date 🚫
Y’all really out here setting stop losses and then moving them like they’re just suggestions. Spoiler alert: They’re not.
Real talk:
- Having no stop loss isn’t a strategy, it’s a disaster waiting to happen
- Moving your stop loss because “it’ll come back” is pure copium
- Your account doesn’t care about your feelings or your “high conviction” trade
Pro Move: Set your stop loss before entering the trade and treat it like a restraining order – don’t mess with it.
- Size Matters (Position Size, Get Your Mind Right) 📊
“Go big or go home” belongs in gym motivation posts, not your trading strategy. Yet here you are, sizing positions like you’re playing Mario Kart with your life savings.
The ugly truth:
- That 50% position size isn’t brave, it’s reckless
- Proper position sizing is boring (that’s why it works)
- Your winning strategy means nothing if one trade can blow your account
Reality Check: If losing a trade keeps you up at night, your position is too big. Period.
- The FOMO Is Real (And It’s Spectacular) 🎢
Nothing hits quite like watching a trade you almost took moon without you. But that FOMO revenge trading? It’s giving “drunk texting your ex” energy.
Common FOMO fails:
- Chasing trades after the move is halfway done
- Entering because “everyone’s talking about it”
- Averaging down on a losing trade (it’s not averaging, it’s doubling down on stupid)
Hard Truth: The market will be here tomorrow. Missing out on gains hurts less than taking actual losses.
🔥 The Solution You Didn’t Ask For
Want to know what actually works?
- Trade with a plan (an actual plan, not your gut feeling)
- Use proper position sizing (start with 1-2% per trade, thank us later)
- Practice patience (the hardest skill that nobody wants to learn)
Here’s the thing: Markets don’t care about your wants, needs, or that car payment coming up. They’ll keep doing their thing while you’re getting emotional about red candles.
The Pro Move You’re Not Ready For: Start treating trading like a business, not a casino. Track everything. Review your trades. Find your patterns (especially the bad ones).
Real traders know that avoiding these mistakes doesn’t mean you’ll never make them again. It means you’ll catch yourself faster when you do.
Want to level up your trading game? Follow us for more market insights that don’t sugar-coat the truth. We’re here to help you make money, not feel good about losing it.
Stay savage,
All Market News Squad
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