Being a successful trader requires time, effort, knowledge, discipline, risk management, and strategy.

But what is a very common mistake that traders make?
Well, I’m afraid they’re overestimating themselves and underestimating the risks that come along in the markets.

The next story provides a perfect example of this situation but also gives insights into avoiding this mistake that can be crucial for your assets.

The story's moral is that although it is important to be confident, focused, and persistent, never underestimate the market’s power to shift within minutes!

Yes, trading can be challenging, but if you wish to succeed in this industry, you always have to give it your all, believe in yourself, follow your strategy consistently, and always remember to set a protective stop loss, just in case.

Learn how to trade the financial markets, all at your own personal pace!