The document outlines the top 5 mistakes that traders make and provides solutions to avoid them. The key mistakes are: 1) Lack of a clear trading methodology; 2) Lack of discipline in following the methodology; 3) Having unrealistic expectations about returns; 4) Lack of patience as markets do not always trend; and 5) Poor money management such as risking too much capital on any single trade. Developing and following a consistent methodology, managing risks and being realistic about returns are emphasized as ways for traders to be successful.

2. Top 5 mistakes traders make

3. TOP 5 MISTAKES TRADERS MAKE
Some traders make consistent profits.
What’s their secret and how do they do it?
The real question we should be asking is – what is it that
they don’t do?
Here are some of the common mistakes our traders tell us
they made - so you can avoid them.
Keep in mind, that this presentation is for informational purposes and
should not be regarded as a recommendation or advice.

4. 5 Mistakes of Trading and Solutions
• Mistake 1 - Lack of Methodology
• Mistake 2 - Lack of Discipline
• Mistake 3 - Unrealistic Expectations
• Mistake 4 - Lack of Patience
• Mistake 5 - Lack of Money Management
Final Trading Tips
Overview

5. Mistake 1 - Lack of Methodology
• A consistently successful trader always has a defined trading
methodology, which simply means a clear and concise way of
looking at markets - guessing or going by gut instinct won't
work in the long run
• If you don't have a defined trading methodology then you won’t
know what constitutes a buy or sell signal
• The solution is easy - write down your methodology. Define
which analytical tools you will use - whether it’s Trading Central
Analysis levels, or any other indicators. And take the time to
define what constitutes a buy signal, a sell signal, your stop
loss, and instructions on exiting a position.

6. Mistake 2 - Lack of Discipline
• You must have the discipline to follow your method
• Success often comes to those who consistently apply a proven
methodology
• Define a trading methodology that works best for you and
follow it.

7. Mistake 3 - Unrealistic Expectations
• It is possible to experience above-average returns trading your
own account. But it's difficult to do it without taking above-
average risk
• Did you know that the average hedge fund return in 2014 was
2.88%?
• These goals may not be flashy but they are realistic, and if you
can learn to live with them - and achieve them – you may
increase your chances of being a profitable trader.

8. Mistake 4 - Lack of Patience
• Markets trend only 20-30% of the time. The other 70-80% of the
time the markets are not trending in one clear direction.
• All too often, because trading is inherently exciting, it's easy to
feel like you're missing the party if you don't trade a lot.
However, over-trading may see you making trades of lesser
quality.

9. Mistake 5 - Lack of Money Management
• Professional traders tend to limit their margin on any given position to
1-5% of their portfolio. If we apply this rule, then for every $5,000 we
have in our trading account balance, we risk only $50-$250 on any
one trade
• Many traders begin to trade without sufficient capital in their trading
account to cover the markets they choose
• If you have a small trading account, then you may consider small
trades. You could accomplish this by trading fewer contracts, or
trading mini lots
• One of the keys to becoming a consistently successful trader is
longevity.

10. Final Tips
• Be disciplined, trade the facts not your
emotions
• Be realistic, and not greedy
• Use stop loss and take profit rates to manage
risk
• Make use of limit orders and price alerts to
enter the market
• Continue your education.

11. Risk warning: Forward Rate Agreements, Options and CFDs (OTC Trading) are leveraged products
that carry a substantial risk of loss up to your invested capital and may not be suitable for
everyone. Please ensure that you understand fully the risks involved and do not invest money you
cannot afford to lose. Our group of companies through its subsidiaries is licensed by the Cyprus
Securities & Exchange Commission (Easy Forex Trading Ltd- CySEC, License Number 079/07),
which has been passported in the European Union through the MiFID Directive and in Australia by
ASIC (Easy Markets Pty Ltd -AFS license No. 246566).
Thank you and Trade SAFE