Trading can be very frustrating (one can give up on many occasions), every day can be very depressing for a trader.
A good number of traders tend to have the following misconceptions:
- They believe that it is normal to gain 30% per month, when normal and logical is to win the 1% to 5% per month.
- Believe that a trading robot can make you earn a salary while you’re on the beach, forget it!!! Earning real money is selling these robots.
- Moving from one trading system to another because sooner or later you will find the one which will earn you a lot of money. Wrong! Most systems give you the same input signals.
Source: Black Traders