Stock Trading Mistake: Trying to Avoid Missed Opportunities

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Rushing trades can destroy your account, especially if you’re making this mistake often.

Example:
-If a stock goes up and down several times and you’ve missed opportunities to sell when it peaked, you may get “ants in your pants”
-This can cause you to buy before the stock begins to ascend again, and it may actually decrease instead
-You’ll take a loss simply because you were rushing
-The past doesn’t always equal the future and patterns don’t always repeat themselves
-Wait for volume confirmations: for it to gain volume or to drop and break the support line
-Be disciplined and patient in order to avoid this mistake

#stocktrading #tradingmistake #stockmistakes #tradingloss #stockopportunities

Posted at: https://tradersfly.com/blog/trying-to-avoid-missed-opportunities/

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