Which trading behavior has cost you the most money?

From an intraday trading perspective, one of the most common mistakes is expecting yesterday’s trend to continue at today’s market open. It’s a trap I often fall into myself.

Reading this pre-open report and its trade plan made me realize that this may be a widespread mistake among traders.

Positional

  • The market is strongly in the grip of the bulls*
  • Dips will be used to take long positions*
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