Options Education – 8 Deadly Mistakes Newbie Traders Make

Posted on by Pittsburgh Business Spotlight

1. Start to trade with high hopes of winning every time. You must treat your trading like a business and be realistic.

2. Trade when they should not be trading. For some reason, they think they should always be trading.

3. Rarely learn from their mistakes. If only they did, they would have a lot less stress.

4. Usually do not think through their thoughts and achieve horrible results.

5. Do not use stops. Some professional traders believe that stops should always be used.

6. Take enormous chances on a regular basis. Enormous risks should be done only by the Pros. More often than not, these chances are taken and can wreck havoc on lives.

7. Get distracted instead of focusing on their screen. This is easy to do. They soon learn it can have devastating consequences not only financially, but personally as well.

8. Use their hard earned money that should be used for their monthly bills or borrow money on their credit cards. Most do not maintain strict discipline and ignore this standard rule which is: Never risk more then 2 percent of your account per trade. Families have been devastated when this standard rule is not followed. Unfortunately, many do happen to learn the hard way.

Be very careful and don’t trust anyone who guarantees you success in trading. It never ceases to amaze me how anyone can literally steal a person’s nest egg in order to build their own. Unfortunately, there are people who do just that.

There is Options Training Education to help you master the trading game. An options trading education site worth viewing is one called the Risk Doctor who is Charles Cottle, a seasoned expert in the field. Mr. Cottle offers a head start course to accelerate your process. Read about Position Dissection, Diamonetrics and view Testimonials. No matter where you may live — New York, Philadelphia, or the San Fransisco Silicone Valley — do not make another trade until you get educated.

Options Education – 8 Deadly Mistakes Newbie Traders Make

Posted on by Pittsburgh Business Spotlight

1. Start to trade with high hopes of winning every time. You must treat your trading like a business and be realistic.

2. Trade when they should not be trading. For some reason, they think they should always be trading.

3. Rarely learn from their mistakes. If only they did, they would have a lot less stress.

4. Usually do not think through their thoughts and achieve horrible results.

5. Do not use stops. Some professional traders believe that stops should always be used.

6. Take enormous chances on a regular basis. Enormous risks should be done only by the Pros. More often than not, these chances are taken and can wreck havoc on lives.

7. Get distracted instead of focusing on their screen. This is easy to do. They soon learn it can have devastating consequences not only financially, but personally as well.

8. Use their hard earned money that should be used for their monthly bills or borrow money on their credit cards. Most do not maintain strict discipline and ignore this standard rule which is: Never risk more then 2 percent of your account per trade. Families have been devastated when this standard rule is not followed. Unfortunately, many do happen to learn the hard way.

Be very careful and don’t trust anyone who guarantees you success in trading. It never ceases to amaze me how anyone can literally steal a person’s nest egg in order to build their own. Unfortunately, there are people who do just that.

There is Options Training Education to help you master the trading game. An options trading education site worth viewing is one called the Risk Doctor who is Charles Cottle, a seasoned expert in the field. Mr. Cottle offers a head start course to accelerate your process. Read about Position Dissection, Diamonetrics and view Testimonials. No matter where you may live — New York, Philadelphia, or the San Fransisco Silicone Valley — do not make another trade until you get educated.