Market learning articles

Three practical reads about process, automation and the behaviour that often matters more than another indicator.

Common trading mistakes

Many mistakes begin before an order: using money needed for essential costs, acting without a loss limit or confusing a short favourable run with skill. Another common problem is changing a strategy after every small move.

Write down the purpose, maximum exposure and review condition first. Secure the account, understand fees and keep a decision record so hindsight does not rewrite the plan.

Manual trading versus automated trading

Manual trading offers direct judgement at each decision but demands time and consistency. Automation applies rules continuously and can reduce repetitive work, yet it can also repeat a flawed assumption quickly.

A sensible comparison asks which decisions require judgement, which tasks can be standardized and how exceptions will be handled. Oversight remains necessary in both approaches.

The psychology of a trader

Fear can cause an early exit; excitement can increase exposure after a gain; loss aversion can keep a weak position open. These reactions are ordinary, which is why a written process matters.

Use predefined limits, take breaks after unusual outcomes and review decisions separately from profit or loss. A good process can still lose, and a poor process can occasionally win.