3 Common Psychological TRADING Mistakes

A large part of successful trading comes from mastering your mind and your thoughts. Sadly, many traders are making psychological mistakes and don’t even realize it.

Let’s talk about the 3 most common psychological mistakes traders make… We’ll also include some suggestions for you if you are struggling with any of these.

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Thank you!
Sky View Trading

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[Mfungeni]

"the stock market is not a place for weak emotional people" i felt that😥

[BASENYC]

Never chase a green candle... you’ll never catch it. - that lesson has been valuable to me over the years.

[M.G.R...]

*1). Fear of Missing Out ( FOMO )*
*2). Revenge Trading*
*3). Gamblers Fallacy*

[.nergy]

00:21: F.O.M.O Trading (Fear of Missing Out)
You trade because of external pressure from observing others
03:40: Revenge Trade
You emotionally trade after losing in hopes of getting back loses
06:05: Gambler's Fallacy
The emotional miscalculation or assumption of the next trade due to the previous trading pattern

TIP: Don't be emotional when it comes to money

[poloinsane]

“ make sure your worst enemy doesn’t exist between your ears “

Powerful statement sir . Great video

[zahirmahmood]

sadly I tried to build my mind but i still needed assistants and today i am happy with the growth of my portfolio

[delightbones]

it not about creating space for doubt, but about realising how much you would have made with the period you where entertaining doubt

[lisaeve]

The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally

[That.Lady.withtheYarn]

Been trying top find good vids. But their either to long or don't get to the point or boring. I like yours. Straight to the point and drawings are helpful

[SummoNerd]

Runescape duels made me understand gamblers fallacy.

[calebbernard]

Irrespective of what you do, a cash flow system that earn you giant income is necessary

[Home-Economi]

I just started Forex trading, and I'm getting crushed right now! I am falling victim to all of these traps. It's a learning experience that hopefully doesn't last too long or cost too much. It's definitely good to hear these reminders!

[CarolinaAerialImagery]

Thanks for helping with my gambling problem. I can honestly tell you that this video (and your options videos) have changed my life.

[pashsridhar]

Your videos are THE best I have ever seen. Please post frequently.

[smurfette]

Thank you for this video, , , , sounds like me

[vengeance]

I was a revenge trader. I stopped trading and started educating myself before i start again.

[audieallen]

brah this should be played to everyone before they invest!

[LaJiahao]

My favourite is buying high selling low

[DrMichaelHo]

This video is literally a gold mine. Thank you

[rhyslee]

In other to have a good net worth you need to invest in your time, when money realized that it's in a good hands it will stay and multiply in those hands.