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