Are you a Bad Trader

By | December 18, 2014

You Might be a Bad Trader if:

 

  • You are 100% sure about a trade being a winner so you have no need to manage risk.

  • You go all in on one trade and  it will make you are break you.

  • You like to buy deep out of the money stock options not understanding how bad the odds are on them.

  • You love directly giving unsolicited advice to other traders due to not understanding they have different trading plans and time frames.

  • You are so new to trading you think it is a place of easy money.

  • You think traders that talk about risk management and trader psychology are silly and that you are above that.

  • You brag to much about your account size and last trade, it indicates to me you do not understand the long term in the markets.

  • You are very loud about your winners but never discuss your losing trades.

  • You brag to much.

  • You Might really be a bad trader if: If you attack trading principles that you do not even fully understand due to lack of real trading.

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