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Common Trading Mistakes

The recurring habits that quietly ruin retail traders' results.

WellingtonCDFS Editorial August 3, 2026 1 min read
Common Trading Mistakes

The Usual Suspects

  • Trading without a plan
  • Oversizing to "get back" a loss
  • Removing or widening stops
  • Trading too many markets at once
  • Copying strategies without understanding them
  • No journal, no review
  • Ignoring economic events

The Deeper Root

Almost every mistake traces back to one of: emotion, ego, boredom, or over-confidence.

Simple Fixes

  • Written plan next to the screen
  • Fixed % risk per trade
  • Max daily loss and max trades per day
  • Weekly review with screenshots

Key Takeaways

  • Most trading failures are not analytical — they are behavioural.
  • Fixing behaviour first pays more than a new indicator.
  • Consistency, not brilliance, is what compounds.