What are the common trading mistakes?

General
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What are the common trading mistakes and how to avoid them ?

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You can refer the below link-

http://tradingqna.com/315/indias-famous-traders-what-trading-style-have-they-adopted?show=327#a327

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1 Trend is not followed

2 Waiting for losses to accumulate

3 Follow the tips without research on the stock

Solution is learn Technical analysis and Fundamental analysis of the Stock learn to place stop loss orders don’t go against the trend have a discipline in investing /trading wait for things to happen don’t be greedy or hurry plan your investments for a better results known as profit

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First and foremost, don’t go against the TREND. Just follow the trend. Trend is your Friend.

Have a FIXED TARGET and STOP LOSS in system (software), not in mind.

Follow the 1:2 RISK/REWARD RATIO of trading. Eg. You can loose 1 Re., but you can win 2 Rs.

Follow proper money management rules. This you can change as per your risk appetite. Golden rule is utilize only 5-10 % of your trading capital, for any particular trade. Wait for this trade cycle (buy/sell) to complete, then only go for next trade.

Keep GREED and FEAR out of trading.

Don’t blindly believe TV Channels/Newspapers/Tips. Do your own analysis.

Have a trading plan in place, and follow the plan. (strategy)

Happy Trading.

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Dileep , Well said , thanks.

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Thanks Sudesh for your valuable advise .

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Sudesh , Super input my bro. Thanks