Some mistakes are simply that, mistakes. They can be made by anybody.
Avoid common CFD mistakes
Even the most seasoned professionals have been known to accidentally buy instead of sell or trade the wrong quantity or even the wrong security from time to time. These mistakes can generally be voided by exercising the appropriate level of care. Most other mistakes are the result of either a lack of preparation, knowledge or discipline on the part of the trader. Having the ability to avoid making these mistakes will improve your chances of developing into a successful trader.
While it is wise to learn from your mistakes, it is even better (and considerably less expensive) to learn from the mistakes of others. By outlining some of the most common mistakes made by CFD traders, we hope that you will be able to avoid making the same mistakes.