Frequent mistakes committed by the novice price action traders

Price action trading strategy is a very effective way to trade the CFD market with strong confidence. People who have strong knowledge about Japanese candlestick patterns usually take their trades in the retail trading industry with great accuracy. They don’t have to trade with high risk even though the lot size of each trade is pretty high. This is due to the fact that they can trade the market with a very tight stop loss. But even after all the pros of price action trading strategy, most of the retail traders are struggling with the price action trading method.

The retail traders suffer because they keep on making the same mistake in the CFD market. In order to establish yourself as a professional trader, you must learn about the frequent mistakes and avoid them at any cost. Let’s get into the details.

Trading in the lower time frame

Rookie traders …