Here is the link.
This video will be particularly useful for novice traders. Peter Martin utilises his solid experience on financial markets to identify the top five most frequent mistakes made by new traders. Don’t miss out on this opportunity to learn what costly errors you surely want to avoid in your trading.
Second play, the notes with more detail:
5 common mistakes
- No. 5 Failure to get familiar with the market
- No. 4 Lack of discipline
- No. 3 Trade without a plan
- No. 2 Ignore loss transactions - pay insufficient attention to bad trades
- No. 1 Take on too much risk
No. 5 Failure to get familiar with the market
historical price range, volatility
Demo trading account without any risk level
No. 4 Lack of discipline
Think of your heart, instead of thinking of your head
Dispassionate - new trade, on a whim
Classical
Move the stops away - ?
Move the stops away - ?
No. 3 Trade without a plan
Several
entry level
when to enter
whole journey of trade
What kind of strategies suit for you
Exit strategy, exit plan - when to get out, maximize the profit; or this is wrong, cut the loss.
When to decide that it is wrong, I need to exit
Which market you should stay
breakout strategy
Trading plan - stick to
Positions size rule - consistent - how much market moves, volatility
Trade small size as now
No. 2 Ignore loss transactions - pay insufficient attention to bad trades
get rid of them - you do not...weeds in the garden,
No. 1 Take on too much risk
Blow yourself - could not play game long
Position your size - stay in the game
Unable to have full and long career
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