1. Letting Losses Mount.
2. Unplanned trades or not having a trading system.
3. Too emotional about your views.
4. Not using the right tools.
5. Overshadowing of emotions over judgment.
6. Failure to Implement Stop-Loss Orders.
7. Changing trading systems constantly.
8. Average a losing trade by taking on leverage.
9. Not having records of trading.
10. Trading Too Frequently.
11. Over –trading
12. Try to pick the peaks and troughs.
13. Lack of specialization.
14. Following the Herd.
15. Buy or sell stocks on Tips or Rumours.
16. Go against the trend.
17. Getting too emotional about money.
18. Shirking Homework
19. People make too many irrational investment decisions, which are based on either greed or fear.
20. overestimate a winning streak or beginner’s luck.
21. Trading Multiple Markets.
22. TRYING TO TIME MARKETS.
23. Overconfidence or Hubris.
24. Trading for Fun
25. Trading on Gut feeling.
26. Following the large investors.
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