#TradingMistakes101، What Are Trading Mistakes?

Much research has been dedicated to the analysis of traders’ behaviour across financial markets. Given large sample sizes, certain conclusions regarding widespread trends from this data may be drawn. Accordingly, before we go into the specifics of the various ways in which traders’ market moves may contradict their goals, let’s define what a trading mistake is.

What this term means to each individual trader can vary as much as trading itself, but for our purposes, we may consider a trading mistake to be a market decision or lack thereof which furthers a trader from his or her goal. Positive trading results are never ensured in the volatile CFD market, but getting down to brass tacks with regard to some behavioural patterns has the potential to help one become a more conscious trader.