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[2 Nov 2010 | No Comment | 167 views]
Seven Deadly Trading Mistakes – Part II

In part one of this series, we looked at the problem of continually switching trading strategies in the hope of finding something better, and why that can never bring us long-term success in our trading.
In this second article, I’m going to talk about a closely related problem many traders suffer from – a lack of planning.
Mistake Number Two – Not Having a Trading Plan
“If you fail to plan, then you plan to fail”. I don’t know who first said that, but it’s a very sound piece of advise indeed. Planning …