We sat down with Head of Product Development at CMC Markets, Ryan O’Doherty, to get his insight on the five most common mistakes people make when they start stock trading. These include: over-trading and over-leveraging, and not implementing risk management tools, like stop losses.
Ryan also uses the CMC Markets trading platform to show what tools are available to help combat and overcome these potential missteps, featuring both technical and fundamental indicators. Ryan will talk through ways to stick to your trading strategy, and outline his pre-trade checklist, a procedure he advises everyone should be aware of before entering a position.
Whether you prefer technical or fundamental analysis, this should cater for all those looking to enhance their trading process. See the full video below:
Thanks for watching. Be sure to watch the other two videos of this series; The beginner's guide to candlestick patterns and Learning to trade Fibonacci retracements.
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