As the first trading week of 2021 comes to an end, let me highlight some of the trading mistakes to avoid when trading Forex on Scope Markets
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1. Using excessive leverage - always stick to a specified leverage that you're able to use across all your Scope Markets trades
2. Lack of confidence in your trading strategy - stick to your strategy & build it up with consistency & discipline
2. Lack of confidence in your trading strategy - stick to your strategy & build it up with consistency & discipline
3. Wanting to get as much profit as possible - have a target and close your trades once you hit your targets, wacha tamaa buana
4. Learning money management skills - as a Scope Markets trader have a proper risk to reward ratio.
4. Learning money management skills - as a Scope Markets trader have a proper risk to reward ratio.
Other mistakes include failure to close running losses, trading huge positions your account can't handle & 4 more other mistakes. Watch as the Scope Markets team elaborate on these 10 trading mistakes on this video https://scp.ke/Trading-mistakes