Trader Dale Volume Profile

The 10 most common trading mistakes you should avoid
professionally looking photos and professionally looking market analyses. Unfortunately, their
only job is to make you trade more. Nothing else. They are employees and the more you trade,
the more money their company makes. Their wage isn't based on how much you make. It is based
on how much the brokerage makes.
If you decide to follow someone's trading idea, then make sure you understand the idea, the logic,
and concept behind it and that you too made your analysis and you believe in that idea. Also,
make sure you know all the aspects you need to know before entering the trade. You need to
know your PT and SL, and you also need to know how you will manage your position before you
actually enter the trade.
#9 Jumping from strategy to strategy
I have already mentioned it before – jumping from strategy to strategy without really giving it any
chance, time and patience won’t lead you to a magic strategy. It will only lead you to losses and
to frustration.
You need to put a lot of work and patience into any strategy before you understand it and before
you start trading it successfully. There isn't any magic formula, that leads to quick profits. As in
everything else in life, mastering a strategy takes time, patience and hard work.
#10 Sticking with a bad broker
So many traders stick with their old broker just because they are used to trading with them and
because they are too lazy to create a new account and transfer their money elsewhere.
They also don’t realize the big difference broker can have on their trading results. They think that
half a pip now and then isn’t that significant, or that a small few pip slippage from time to time is
also okay. In fact, it makes a HUGE difference and a few pip slippage is not okay. It happened so
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