Adjust These BAD Trading Habits Now Whilst You Are Trading Small! 😱

  Рет қаралды 4,604

UKspreadbetting

UKspreadbetting

Күн бұрын

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Address these trading habits now whilst you are trading small. These are some bad trading habits to avoid. Address these trading habits now whilst you are trading small because when you begin to scale up your position size, these won't be so forgiving. OK.
What makes a bad trader? What are the most common bad habits? How do you break your bad trading habits?
1. Not sticking to your stop/moving it.
2. Breaking rules you set for yourself.
3. Taking too much risk per trade.
4. Trading for fun.
5. Not respecting event risk.
6. Doing zero reflection and trade analysis.
4. 'Trading' your way out of a losing hole
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Пікірлер: 15
@ukspreadbetting
@ukspreadbetting 3 жыл бұрын
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@dandanndannnnnn
@dandanndannnnnn 3 жыл бұрын
Nice one. Very informative👍
@Molibar
@Molibar 3 жыл бұрын
Hey Mark, I love your content. Emotions are where I always get caught, and you put a lot of focus on it.
@netsaosa4973
@netsaosa4973 3 жыл бұрын
Whenever I try to trade my way out of a losing position i just make the loss 10x bigger
@thechickenduck8377
@thechickenduck8377 3 жыл бұрын
Eliminate the big losses and all that remains is stuff that’s either profitable or you can handle & is manageable long-term.
@thescruffytrader
@thescruffytrader 3 жыл бұрын
Could not agree more , the amount of time I have echoed this. Mindset & discipline is key. Seen you looking for contributors happy to help
@andrewl4587
@andrewl4587 3 жыл бұрын
I can't believe some people have given this video a thumbs down, albeit a small number. Some great advice prior to scaling up or moving from a demo account to a real account.
@lloyddobler1310
@lloyddobler1310 3 жыл бұрын
I enjoy your videos. You cover the best topics to discuss. I keep remaining optimistic. I always feel that I am almost profitable, but keep getting owned. Keep up the good work.
@TravelThoughts
@TravelThoughts 3 жыл бұрын
How can anyone disagree with what you say. It is common sense but we all have made these mistakes at one time. One thing I did have to laugh about, though, was your position sizes. Losing £50k or £100k or £300k... your viewers must have very deep pockets!
@gedalianiasoff4021
@gedalianiasoff4021 3 жыл бұрын
If u would stick to a good risk management were u don't lose more then 2% per session it would be very difficult to blow up but we get to caught up and over leavrage on trades cause want to make big money quickly
@LukaszAdams
@LukaszAdams 3 жыл бұрын
Always got plan on money menagment dont Trade random number now i risk this amount of % or $ and next Time i Will use difrent amount.
@TheFsf221
@TheFsf221 3 жыл бұрын
Definitely feel the trading out of the hole one lol. That caused me to lose 8k as I was so obsessed with getting 25k. Refined the system, focused on process over Pn L, and then now out after much hardship and soul searchin lmao. Def wouldn't rec scaling up until you're ready.
@primapixel9923
@primapixel9923 3 жыл бұрын
When you say moving your stop, do you mean trailing it or backing it off?
@Molibar
@Molibar 3 жыл бұрын
Trailing your stop is never bad, as long as you don't trail it too tight, you should follow market structure. If you feel like trailing it really tight just take you're profits now, you will get your SL hit.
@bannonbembenek8181
@bannonbembenek8181 3 жыл бұрын
Don’t take a trade you wouldn’t take 10 times👍
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