You can have the top trading strategy for trading stocks or the best crypto trading strategy and yet be an unprofitable trader if you cannot stop making trading mistakes that lead most traders towards failure. If you don’t have a trading strategy with a proven edge, then you are in deeper trouble because most discretionary traders are prone to making mistakes that one can simply avoid by using a systematic or automated trading strategy.
Do you want to know how you can create a profitable trading strategy from scratch?
Then you are at the right place.
At Enlightened Stock Trading, our whole objective is to help traders avoid the top trading mistakes that beginners and even pros make, leading them to blow up their accounts. So how do we stop you from making those top trading mistakes? By first teaching you what works and what doesn’t work in the markets. Unless you come from a finance background, chances are you have made assumptions about how markets function and truth be told, most of your assumptions are wrong. Most of the time, these assumptions lead you to make stupid trading mistakes, which one can avoid easily.
Have you been the victim of the market pulling back, eating your stop loss and then marching in the direction you anticipated?
Or have you made a trading mistake which involved betting too much on a single trade?
Don’t worry. We have all been there, made those same trading mistakes, learnt our lessons and discovered ways never to repeat those mistakes again. If we can do it, so can you. However, you don’t need to reinvent the wheel for that. You can grab our FREE cheatsheet on how to avoid the top trading mistakes that most traders make here: https://go.enlightenedstocktrading.com/trading-mistakes-cheatsheet.
In our collection of articles on the top trading mistakes you must avoid, you will find multiple articles and videos describing the common trading pitfalls that traders should not be making. These pitfalls make you lose your edge even if you have a winning trading strategy.
We have articles and videos informing you about new-age financial derivatives like Binary options, which every seasoned market participant will tell you are mostly scams. However, traders who are new to the market and don’t have a trading strategy or a plan in place still trade these products.
At Enlightened Stock Trading, our foremost advice to everyone interested in trading has been to learn to develop systematic trading strategies. Irrespective of whether you want to trade the stock, forex or the crypto market.
A trading strategy you have backtested over multiple market regimes will give you the confidence to remain resilient during tough times and not make those common trading mistakes that discretionary traders make during such times.
You can take your first steps towards developing a systematic trading strategy by going through our YouTube Channel, where you can find multiple thought-provoking videos on this topic:
Click Here to watch all of my Stock Trading Mistakes videos in this special YouTube Playlist and don’t forget to subscribe to the Enlightened Stock Trading YouTube channel to get all of my trading video updates. Click Here to Subscribe ⏩