I was trying to think of a reasonably concise list of the mistakes traders make on a regular basis and came up with the following. •Under capitalized. •Reliance on external sources. •Lack of a trading plan. •Inconsistent application of a trading plan. •Not taking losses. •Cutting profits too soon. •Misunderstanding how markets operate. •Lack of…
With the market showing some signs of life and stockbrokers clambering out of their hibernation to tout how brilliant things are I thought it might be time for a cautionary cartoon for those seeking the counsel of others.
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