section 3
Mistake 1: You trade practically non-stop, trying to open as many positions as possible. You constantly sit in front of the platform and try to catch even the slightest price changes.
What it leads to: Your action begin to become more chaotic, leading to negative results. This is due a potentially large number of rushed trades and irresponsible money management.
How to avoid: Remember that the financial market is the place where the number of open trades does not matter. It is better to practise quality over quantity.
Here your result depends not on the time spent, but on the kind of positions you have concluded and the trading month’s total. If you cannot cope with your emotions, learn how to use trading robots. It may turn out that you will like this style of trading. Moreover, FxPro provides VPS – a virtual server for hosting EAs. The software algorithm will work even when you are not near a laptop.
