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13 Symptoms Of A Bad Stock Trader

Ultimately the only sign of a bad trader that counts is if you’re losing money, but there are some individual signs and characteristics of a bad trader. See if you possess any of them.

  1. Your only news source is CNBC.
  2. You’re constantly looking for a new brokerage with cheaper commissions.
  3. You can’t get over missed trades/opportunities. What if
  4. You don’t track your trades.
  5. You’re opposed to learning new techniques.
  6. You have trouble breaking off bad trades.
  7. You put too much stock in what others think. 40 stock traders to follow
  8. You panic and sell every time you see red.
  9. You only buy on green days.
  10. You are constantly adding more cash to your account.
  11. You blame other traders for your stock’s bad performance.
  12. You use every indicator known to analyze a stock. stock chart fraud
  13. You don’t know what stops are. the art of stops

Let me know what you think. Are there any other symptoms of a bad trader?

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3 Responses to “13 Symptoms Of A Bad Stock Trader”

  • February 20, 2010 at 1:40 pm

    These are excellent points! Among the biggest mistakes investors make is to rely way too much on opinion and the general media, and not enough on market facts!

  • February 20, 2010 at 11:10 pm

    I absolutely love #s 3, 4, 10, 13… thanks!

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