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Updated by Traders Paradise on Mar 08, 2021
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3 mistakes new traders always do

Here are 3 mistakes that new traders do - and lose money because of it

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1 They do not research!

*#1 They do not research!
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One of the most important aspects in trading or investing is to research. One you find an asset you want to risk your fund with it - learn as much as you can about it

*#2 Enter at All-Time-High
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Entering a position after the price reached a top point (you can see it on every asset's chart) is the biggest mistake there is. If it's at all time high - It's better to seek another opportunity.

*#3 Not knowing how to find trading opportunities
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You need to have an online, live and free tool (like this) to see what trading options you have at the moment. Trading is all about timing, and if you miss the timing - it can definitely result in losing funds as well