Day Trading Mistake #1 No Solid Trading Plan

  • What you are going to trade, what is the trading strategy
  • What is the trading style, where you’re going to enter your trades?
  • Where you are going to exit your trades
  • How much you’re going to risk per trade?

Day Trading Mistake #2 Lack of Practice

Day Trading Mistake #3 Wrong Psychology

Day Trading Mistake #4 Being Too Greedy

Day Trading Mistake #5 Lone Wolf Mentality

Summary of Day Trading Mistakes

  1. You need to have a solid trading plan.
  2. You want to have a lot of practice before you go into live trading.
  3. You want to adopt the correct trading psychology and mentality.
  4. You want to scale up your account progressively.
  5. And lastly, think in terms of abundance.

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Trading, travelling & teaching across 60+ countries. Over 15 years of professional experience, and featured on more than 20 occasions in the media.

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Spencer Li

Spencer Li

Trading, travelling & teaching across 60+ countries. Over 15 years of professional experience, and featured on more than 20 occasions in the media.

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