What were the worst trading mistakes that we commited from the list?

Worst mistakes that I commited were...

  • Traded blindly without any homework or trading plans

    Votes: 149 43.7%
  • Traded without Stop Loss or with too big Stop Losses (poor Risk Management).

    Votes: 178 52.2%
  • Traded way too many trades in a day resulting net losses (poor Risk and Money Management).

    Votes: 95 27.9%
  • Traded against the prevailing trend and then booked losses (poor Plan and Risk Management).

    Votes: 127 37.2%
  • Traded with the trend but booked small profit and too early.

    Votes: 129 37.8%
  • Traded at Market Price in less volume scrips resulting big losses.

    Votes: 41 12.0%
  • Traded on speculations/rumour/news resulting big losses.

    Votes: 53 15.5%
  • Traded within fear/greed barrier without risk/reward ratio.

    Votes: 103 30.2%
  • Have commited all above and now seasoned trader.

    Votes: 65 19.1%
  • None of above but some other.

    Votes: 18 5.3%

  • Total voters
    341
#22
I read this in another thread and the following is absolutely true.

Always have an actual stop in the market. "Mental stops" do not work.

Not putting a stop in the market tests your mind a lot:)
 

rohangawale

Well-Known Member
#23
Commited all the mistakes, but now trying to improve on it
 
#28
Going through my 9th cycle of repeating all the above mistakes... damn... I would be a trillionaire 30 times over had I mastered all these issues :)
Better late than never.....start now engineman.....you can become a "trillionaire engineman" and invent few new mistakes on your
journey....Good luck...

Repeating the sameold mistakes 9 times make you pretty old fashioned....can't you make some newer and more stupid mistakes ? We do that pretty routinely....you got to take a second look at your trading maaan.....:lol:;)

Smart_trade
 
#29
up and down is the characteristic of the share market and mostly based on
the fundamentals and some rumers also.
one should use the demand and supply of the shares and take wise decesions. As i think one must utilise the stop loss technique so that he could not suffer too much losses.

rkjain2266