3 Common Psychological TRADING Mistakes

Here is the link.

1. Fear of missing out trading - F.O.M.O Trading 
2. Revenge trading 
3. Gambler's fallacy

Solution to revenge trading:

Trade smaller size!

Your positions are probably way too big. 

"You will some... you lose some... Long as the outcome is INCOME."

Focus on the long term

Don't expect to make money every day!

Gambler

- How to avoid this fallacy? 

coin flip = 50/50 

Solution:

Exercise awareness

Treat each trade as independent 

Actionable Items

4/20/2020, 9:35 PM

Solutions:
No more chat rooms, social media, seclude yourself

I like to take breaks, learn more about trade common mistakes first.