Have you ever wished you had a time travel machine so you could go back in time and avoid all the costly mistakes you made early-on in your trading career? Unfortunately, there is no time machine, but for all you new and young traders out there, you have the great advantage to learn from those traders who are more experienced than you. If you apply a little commonsense and humility, you can learn a lot from mentors like us who have been trading for more than decade.

                                            I’m not saying you will be able to avoid losing trades, but I am saying you will be able to avoid making  costly mistakes that traders typically make when starting out a trading as a career . Avoiding such mistakes can save you A LOT OF MONEY, TIME and MENTAL AGONY.

Pick one good trading strategy, master it, stick to it.

                                                   Many beginners come into the market and start trading live without even being sure what their entry and exit criteria are, they are literally just pressing buttons and hoping for the best, just like at a casino. The first thing you have to do is to make sure you have an actual good trading strategy and learn it. Don’t just learn it, master it. You need to become a master of any one trading strategy and stick with it, otherwise you’ll never stand a chance in the markets.

Only The Game , Can Teach You The Game”

Preserve your capital :

Traders tend to blow their capital quickly in the early days of trade and not really even thinking twice about the need for capital preservation. The ironic thing is, you will learn many lessons in the early days of trading but if you blow and burn all your capital you will have little or no capital left by the time you actually know what you’re doing. You need to survive long enough to get to the point where you can thrive. You don’t want to be so burnt out and blown out that you give up before you reach expert status. Trading isn’t only for the super-intelligent or super well-funded as many think. But you do have to persevere and overcome difficulty, especially in the early days. You need to learn to manage your capital and risk and make it last. Don’t go “all in” you will soon find yourself joining the ranks of losing traders.



The every trading hardship i had, every “stupid” trading mistake I made and every crazy trading approach i tried and that made me into the trader I am today. If you want to succeed in trading, it’s critical that you put time and effort into learning and developing the winning mindset that is required to make money in the markets.