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Rushing trades can destroy your account, especially if you’re making this mistake often.

Example:
-If a stock goes up and down several times and you’ve missed opportunities to sell when it peaked, you may get “ants in your pants”
-This can cause you to buy before the stock begins to ascend again, and it may actually decrease instead
-You’ll take a loss simply because you were rushing
-The past doesn’t always equal the future and patterns don’t always repeat themselves
-Wait for volume confirmations: for it to gain volume or to drop and break the support line
-Be disciplined and patient in order to avoid this mistake

#stocktrading #tradingmistake #stockmistakes #tradingloss #stockopportunities

Posted at: https://tradersfly.com/blog/trying-to-avoid-missed-opportunities/

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Tradesfly is focused on me sharing my experience and knowledge about trading options. Although we include videos related to other areas of trading, the primary focus is trading options. If you are serious about learning to trade options for selling premium, creating spreads, be sure to subscribe to the channel and join our discord group.

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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.

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