More Technical Stock Trading Sins That Can Ruin Your Trading Future

Pride costs thousands of people millions of dollars from technical stock trading. Because these traders don’t want to admit that they made a decision to get into a position that was unwise, and they don’t want to admit that they were wrong about the bond, commodity, currency or technical stock trading, these traders to refuse to take small losses on bad trades.

Here’s an example: A trader involved in technical stock trading buys 500 shares of a stock at $20 per share, investing $10,000. He believes that the concept behind the company’s innovative new software is going to be the extremely successful, and he’s seen a lot of reliable information that backs up this idea.

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