Sunday, October 14, 2012

9 MISTAKES GREAT TRADERS NEVER MAKE

Brian Lund writes: In order to be a great trader you have to perform like a well oiled machine. There is no room for error. A momentary lapse of concentration or focus can spell disaster. Great traders DON”T MAKE MISTAKES. You will never see them….......... 1.Try to close a position but accidentally DOUBLE it instead…2.Put a swing trade on and realize AFTER the close that earnings are coming soon. Like the next morning. Before the market opens….3.Buy the CALLS in a stock that is breaking out at what they think is a bargain price, only to find out later that they actually bought the PUTS…. 4. Knock off early for the day , sure that they put a hard stop in on their position before they left (but didn’t)……………………………………………………………………………………………….. Find out more of the stuff you’ve got to know at http://bclund.com/2012/10/08/9-mistakes-great-traders-never-make/

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