5 mistakes pro traders always do:
1. Over Trade: Some traders can trade too many orders at a time, which caused margins to be collateral, reducing the impact of adverse market movements. And also when you trade too often, you always have an open position and exposure to market risk. To avoid these mistakes, it is better to focus on opportunities where you think you have an advantage and use disciplined trading strategy to them.
2. What analysis. Most traders seem to think that the above is better. They often sit in front of a computer Forex news analyzes and reports for each hour. Sometimes you may concentrate too much analysis too complex and overlooked an easy decision and the best. when a trader tries to analyze the market so much that they spend themselves on the wrong level of emotional trading.
3. Technical analysis is one of the easiest aspects of trade, and many traders tend to over complicate it by closing their chart in the manual unnecessary. It is important to understand that adding lots of hints will not help you trade better, but they may be burdened with information and create confusion that would lead to a decision for no reason.
4. Most traders do not realize that they become too confident until it's too late. It started as an idea, but then quickly turns into greed. And the feeling of winning may make you retain external trade your plan.
5. Do not use trade journals
Several pro traders think that trading journal is for beginners, but has everything in the mind is not enough. Even after 10 years of trading, you may realize that you are making the same mistake. There's always room for improvement and if you do not learn from your mistakes, you will certainly get it wrong again