The Authority’ forex is good or bad for student Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition.
Today’s lesson is going to discuss some common mistakes that traders make, which inevitably lead to losing money, and provide solutions to those mistakes. I know what the solutions are because I have made all of these mistakes on my own trading journey. I know what you’re going through, how it feels and how to help you dig out of the rut. One of the most common mistakes I see traders making, is simply thinking too much.
People tend to make trading much harder than it is. I get emails nearly every day from traders who clearly are over-thinking the market and making things more complicated than they need to be. Reading that article will give you some good insight into how you can stop thinking so much and start trading instead. Over-trading is sort of the opposite of over-thinking, in a way. Over-thinking usually leads to not trading much, if it all, because you think yourself right out of perfectly good trades. Whereas, over-trading means you probably aren’t thinking enough. You haven’t put the time to learn how to trade properly, build a proper trading plan, or perhaps you are just so greedy that you don’t have the patience to wait for your trading edge to appear in the market.