5 Common Trading Mistakes That are Essential to Avoid

Head of Product Development at CMC Markets, Ryan O'Doherty, sits down for a three-part series on some of his platform insights, using candlestick charts, Fibonacci retracements and common mistakes traders make.

In this first part, he talks through the top 5 trading mistakes people make when they start trading and uses the CMC Markets platform to illustrate how to combat these common mistakes. He will show you the variety of tools on offer for both technical and fundamental analysis, and ways to limit risk when trading the financial markets.

Whether you're a day trader or longer-term trader, a novice trader or have been trading for years, this video identifies how to avoid these mistakes is one to watch.

► Jump to each avoidable trading mistake:
1: No Trading Plan 00:22
2: Money Management 01:58
3: Take Profits & Stop Losses 04:57
4: Over-Trading 05:54
5: Over-Leveraging 06:41

See our other guides on avoiding trading mistakes

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[Cards]

Just leaned that CMC Doesn't even have a basic Volume Indicator for their charts 😂 how can you actually take them seriously. 
Several standard tickers CTIB / KBSF ect... ect...but they don't even have them - Completely useless platform.