Top 5 trading mistakes and how to avoid them | Talking Shop podcast скачать в хорошем качестве

Top 5 trading mistakes and how to avoid them | Talking Shop podcast

Hosts Luke Moore, Sean Power, and Pete Ward break down the five most common mistakes retail traders make and share practical solutions to avoid them. Drawing from their extensive experience, they discuss poor risk management, overtrading, emotional biases, lack of trading plans, and unrealistic expectations. Timestamps 00:00:00 - Introduction to common trading mistakes 00:04:34 - Mistake #1: Poor risk management and position sizing 00:11:42 - Mistake #2: Overtrading and excessive transaction costs 00:17:38 - Mistake #3: Emotional biases and psychological challenges 00:25:37 - Mistake #4: Lack of a trading plan 00:35:04 - Mistake #5: Unrealistic expectations 00:44:26 - Summary and practical takeaways Subscribe ► https://www.youtube.com/IGUnitedKingd... Learn how to trade with IG: https://upl.inc/the-world-of-ig We provide fast and flexible access to over 17,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. Based on revenue excluding FX (published financial statements, February 2023). † For the 12 months preceding 1 July 2023.