This Fatal Mistake in Trading has Destroyed Many Traders

The fatal mistake in trading in made,

I was guilty of this.

Whenever I saw a big move in the markets, I told myself:

Quick! Get into this trade right now. The market is leaving without you!

So…

I’ll “chase” the markets when it’s so bullish, and looked like it’s going up forever.

The outcome?

I lost big when the reversal came — and I’m long near the highs. Ouch.

So, why do many traders make this fatal mistake in trading?

Well, I can only think of this quote…

A fatal mistake in trading most traders make is using their own fear as an exit signal and their own greed as an entry plan. — Steve Burns

Now after being bruised and battered, I’ve wisen up…

Instead of “chasing” markets, a better way is to trade is, to let the markets come to you.

Which is what you’ll learn in today’s video:

How to stalk the best entry by letting the market come to you — like a lion stalking its prey
One little-known trick to “chase” the markets like a pro (for advanced traders only)
The two best trading setups on my radar (hint: one of them has broken a key Support area)

So, go watch it right now:

I hope you’ve enjoyed this week’s market analysis and explanation of a fatal mistake in trading.

If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!

Do you want to learn a new trading strategy that allows you to profit in bull and bear markets?

In the Ultimate Guide to Trend Following, I will teach you this powerful trading strategy step by step, along with charts and examples.