5 trading psychology mistakes that blow up accounts

Most blown accounts are caused by behaviour, not analysis.

1. Revenge trading. Trying to win back a loss immediately. Fix: after a loss, stop for a set time, and after your daily limit stop for the day.

2. Moving the stop. Widening it so a loser is not a loser. Fix: the stop is set once; you may only tighten it.

3. Oversizing. Increasing risk after wins or after losses. Fix: a fixed risk percent, written down.

4. No plan. Entering because price is moving. Fix: entry, stop and target before you click.

5. Chasing. Buying a move that has already run. Fix: wait for the pullback; there is always another trade.

Keep a journal and write down which of these happened each week.

Education only. This is not financial advice. Trading gold with leverage involves a high risk of losing money.

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