lundi 1 mai 2017

Mistakes make losing traders

The average person will never achieve anywhere near the expected return from their system because they make mistakes.In fact they will lose money .The difference between expected profits and actual losses ,is the result of mistakes .Mistakes profit gap.

Blunder
Fault
Gaffe
Inaccuracy
Lapse
Miscalculation
Misconception
Misstep

In trading you start with 50/50 , deduct spread of broker , this brings edge to -2 , equals 49/51 in favour of forex casino operators.The calculated risks are :traders make mistakes and underperform , traders can not execute the 49% , so they underperform on real accounts , they have no edge , so it is gambling and they lose.

Back tests , systems , methods and hindsight results will show great profits , but if you can' t execute your systems / methods in real markets , you will make losses.

The best thing to search hard on the internet is for trader's mistakes , trading mistakes trading errors , top trading mistakes videos /pdf.Traders will learn a lot.

There are many different types of errors , in some cases over 100 of them .There are execution errors , psycholoigical errors , system errors , human errors , information processing errors , software errors , market timing errors and may other mistakes

The best way to reduce mistakes is to look for set and forget strategies or devise them

There are over 50 psychological errors/mistakes .....just search on the internet.

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Mistakes make losing traders

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