1. Entering in FOMO
Traders mostly make mistakes while entering in market with FOMO. It's better you should wait for a buy setup or market to follow your proper set of rules on your bias.
2. Using unnecessary tight Stops
Sometime trader stick to the tight stoploss plan, which lead the loss streak mostly. Well, your stops should be dynamic with the market price.
3. Unrealistic Target
Most traders don't have set of rules after entering the market and majority don't even have realistic targets also. You must have a realistic target goals before or prior to entering the trade.
4. Always stick to your plan
Trader makes losing steaks and lose win rate due to not following there trading plan i.e. entering or exit. It a very important aspect of the trading of have a proper plan for everything and discipline is the key for that.
