19. Never Join Paid Groups
Beginners generally make this mistake, traders always have to remember that no one can make them profitable trader, it depends on that particular trader’s hard work, discipline, and psychology. So strongly avoid joining paid groups for calls and tips.
20. Always Work On Psychology
Psychology plays a crucial role in options trading, with bad psychology no one can become a profitable trader even after learning technical and all other things.
Due to bad psychology, traders never wait for their target, they exit their position with a small profit, and in case of loss, they wait in hope and lose their capital. So work on psychology is a must.
21. Compulsory Maintain Trading Journal
A trading journal works as a mirror in trading, which shows mistakes made by traders while trading. When traders understand their mistakes and work on them, they automatically improve their trading and become better trader.