source avatarNnamdi

Share

4 Things That Slowed Down My Progress in Trading 📉 Looking back at my trading journey, these are some of the things I struggled with and, honestly, still work on today. 1. Revenge Trading: I was always trying to recover whatever I lost immediately. Instead of accepting a loss and moving on, I'd look for another trade just to make the money back. Messed me up a lottt. 2. Jumping Between Strategies: I was constantly looking for a better strategy whenever I experienced losses. I kept switching instead of taking time to understand one system properly. Had to do a bunch of back test so as to be confidence with one strategy. 3. Overtrading: I felt like I had to be in the market every day. Sometimes I'd take trades even when my setup wasn't there. Sometimes out of boredom. 4. Poor Risk Management: I was always eager to grow my account quickly, so I'd sometimes risk more than I should have. I'm still learning and working on some of these habits, but recognising them has helped me become a more disciplined trader. #trading #forex #crypto

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.