4 Common Trading Mistakes

There are a number of common mistakes traders make when trading stocks. A lot of these can be avoided with knowledge and practice but you must recognize the mistakes when they occur or avoid them altogether. Otherwise you will lose money and the only reason your trading is to make money.

1. I always avoid trading the runaway trains, this can also be called “do not chase”. You see a stock on a nice trend then enter at your price, I usually wait for pullbacks and then enter at the price I want. Now and then I miss a trade and thats ok. You can also trade these pullbacks, if your already in and the stock goes crazy find a point to take profit or at least raise your stops and re enter on any pullbacks. more stock trading mistakes