Rushing to get in to the position: The most common mistake is to get in to the position too early. Most of the traders are in hurry to get in to the trade. So they do not wait for the best trading but take average trades.
No Plan: Most of the time when a new trader see a MA line crossover or MACD crossover, they tend to get in to the trade. But do not plan for Exit & stop-loss. So they do not know when to close. If the trade goes wrong they wait & thinks it will come again. This is how they loss huge more than normal.
No Plan: Most of the time when a new trader see a MA line crossover or MACD crossover, they tend to get in to the trade. But do not plan for Exit & stop-loss. So they do not know when to close. If the trade goes wrong they wait & thinks it will come again. This is how they loss huge more than normal.
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