5 Pro Traders Mistakes That You Can Avoid
We all know what mistakes beginners make, but what about pro traders? Sometimes experience comes at a price, and even the most proficient traders can fall into a trap. We gathered some of the most common mistakes of pro traders.
#1 Overtrading
Some traders may trade too many positions at once, that exhausts available margin collateral, reducing cushion against adverse market movements. And also when you trade too often, you always have an open position and are constantly exposed to market risk. To avoid these mistakes, it’s better to focus on opportunities where you think you have an advantage and apply a disciplined trade strategy to them.