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Version actuelle datée du 8 mai 2017 à 03:37

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7) Holding on to losing trades, hoping and praying that the market will turn around in your favor. When it comes to day trading, throw away religion and hope. When the market ticks against you it's just common sense to bail out of your position. Majority of successful day traders will not sit on a losing trade at all. The successful day trader never puts on a trade without either a mental or hard stop. You should always pre-determine how much you're willing to risk for every trade and set a tight stop for your risk. Once your stop is reached don't be tempted to cancel it in order to hold onto that losing position. Traders who sit on a losing trade hoping and praying that the market will turn around in their favor usually lose all their trading capital!