If you know the pitfalls of trad ng ¬i, you can easily avoid them. Small mistakes are inevitable, as the insertion of the wrong stock symbol or incorrectly setting a buy level. But these are forgivable and, with luck, even profitable. What must be avoided, however, the errors are due to the bad opinion, rather than simple errors. These are the “d eadly? Mistakes that ruin the whole business career, instead of just one or two trades. To avoid these problems, we need to look closely and you stay diligent.

Thinking of trading errors, such as driving a car on icy roads: If you know that driving on ice is dangerous, you can avoid traveling to a storm of sleet. But if not ’t know the dangers of ice, you can drive as if there were no threats, only the realization of a time that your error ’r and off-road already.

Greed is dangerous, but an obvious mistake. By their very nature, of course, merchants are greedy, since start of trading, in order to make more money. Will not more money ’t dangerous wishing it was too fast. Every operator wants to get rich, and want to do this in an exchange. And what ’s when they lose.

Trading success comes from consistency, not an exchange “g rand slam. There are a lot of novice traders out there who believe that their luck will be made in one incredible trade, and then l ’l never to work again for their whole life. This is a dream, a dangerous. Successful traders realize that right away. The best, and usually only way to make a fortune in business is the consistency ¬t transparency. And this luck will probably be in small quantities. ¬t unately Unfortunately, most traders go to great victories, leading to large losses.

E ‘logical operators are more interested in greater profits for business. What did not? A fifty dollar bill or a five dollar bill? The answer is obvious. But when it comes to trading, ’s not so easy. You can ’t take the five dollars in the law, you may lose fifty dollars of his money, or more. The main thing to keep in mind is this: Even if you take the fifty U.S. dollars ’t bill now, it can take ten o’clock five U.S. dollars over a longer period of time. And the end result is the same? Fifty dollars.

And that ’s the main point here: small, steady profits add up. This does not mean that we ’l l do not have a big winner. In options trading, for example, is quite common to have ’s profits by 100%, 200%, or 1.000% in a single trade. Therefore, it is impossible not to hitch ’s big profits? ’s just something that should not count. If you expect this type of numbers all the time and accept nothing less, you ’r setting for you and guaranteed disappointment.

The key to commercial success: small but consistent profits. Consistency is the key, because if the profits are consistent and predictable, then you can simply use leverage to trade size. Therefore, you must know when to exit with a profit. Resisting temperature ¬t tion to stay in “j ust a little ‘more, for a little’ more.
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