Here are 10 of my top trading falsehoods… There are many others around especially when you’re still learning how to trade in stocks, but think twice before you believe any of these…
1. If I don’t sell, it isn’t a loss
2. My broker has my best interests at heart
3. The market is efficient
4. You can’t go broke taking a profit
5. You can’t beat the market
6. It is time in the market, not timing the market that counts
7. Inside information is the only way to make money
8. HFT has ruined private trader’s ability to make money
9. Day Trading is where the real money is
10. Trade accuracy is important

What else would you add?

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Adrian Reid Founder and CEO
Adrian is a full-time private trader based in Australia and also the Founder and Trading Coach at Enlightened Stock Trading, which focuses on educating and supporting traders on their journey to profitable systems trading. Following his successful adoption of systematic trading which generated him hundreds of thousands of dollars a year using just 30 minutes a day to manage his system trading workflow, Adrian made the easy decision to leave his professional work in the corporate world in 2012. Adrian trades long/short across US, Australian and international stock markets and the cryptocurrency markets. His trading systems are now fully automated and have consistently outperformed international share markets with dramatically reduced risk over the past 20+ years. Adrian focuses on building portfolios of profitable, stable and robust long term trading systems to beat market returns with high risk adjusted returns. Adrian teaches traders from all over the world how to get profitable, confident and consistent by trading systematically and backtesting their own trading systems. He helps profitable traders grow and smooth returns by implementing a portfolio of trading systems to make money from different markets and market conditions.