Don’t Become Complacent Or Over Confident

Do your best to remember how alert and aware you were when you first placed your first trades. A common mistake is for traders to become complacent and to let their trading slip away from plan and to trade without due care and attention.

Do your best to remember how alert and aware you were when you first placed your first trades. A common mistake is for traders to become complacent and to let their trading slip away from plan and to trade without due care and attention.

Remember you only have yourself to blame when the profit to lose ratio goes against you.

Traders should always keep in mind that nerves are there for a reason as are their byproducts e.g. apprehension and caution. The goal is not to eliminate emotions such as fear, as they themselves when managed are inbuilt checks to prevent pain, but rather to be able to channel such nervous energy in a controlled and positive manner.