Which is smart? Learning from your mistakes or from the mistakes of others? Obviously, it is the latter because it comes free. Further, it makes you learn aplenty in a short period of time. So, it saves time, steepens your learning curve and provides better results too. It’s the general case but in trading, you get an even better incentive — you cut your losses. You don’t have to put your hard-earned bucks into a trial and error test and learn it the hard way. When you can develop your trading skill the easy way , why not take it? So, here are the common mistakes every new trader does. And you don’t have to do it. Because you read it here. *Mistake #1 — Diving without due preparation* Which is smart – Learning to swim in a pool or in the sea? It’s the pool. In this analogy, the swimming pool is the demo account and the sea is the real account. Trading in a demo account can seem childish. You may even feel lame that you’re putting in your hours for nothing. Some even argue that trading ...
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