The 5 Biggest Mistakes Costing Indian Traders Money

In the Indian market, fortunes can be made and lost in minutes. While strategies are important, the difference between profit and loss often comes down to discipline. Here are the five most common mistakes traders make and how a journal helps you fix them.

1. Revenge Trading

After a loss, the urge to "win it back" immediately is powerful. This emotional decision almost always leads to bigger losses. By tagging these trades as "Revenge Trading" in your journal, you can see the exact financial cost of this behavior. The data will force you to recognize the pattern and take a break after a loss.

2. FOMO (Fear Of Missing Out)

Seeing a stock rocket up without you is painful. This often leads to jumping in late, right at the top, just before it reverses. In your journal, rate your emotional state for every trade. You'll quickly discover that trades made with a low "Emotion Rating" (like FOMO) are consistently your worst performers.

3. Over-Sizing

When you feel over-confident, it's tempting to increase your position size beyond your risk management rules. A single oversized loss can wipe out weeks of gains. Your journal acts as a record of your position sizes, allowing you to see the disastrous impact of breaking your own rules.

4. Not Having a Plan

Entering a trade without a clear entry, exit, and stop-loss is gambling, not trading. Using a tool like our AI Pre-Trade Grader forces you to define your plan BEFORE you enter, turning a gamble into a calculated risk.

5. Ignoring Your Strengths

Many traders focus only on their losses. The real gold is in your wins. Your journal data will show you what's working—which setups, which times of day, which strategies. The key to long-term profit is to do more of what works and less of what doesn't. Our analytics are designed to show you exactly that.