But you can improve your chances by knowing what pitfalls to avoid.

但藉由知道該避免什麼錯誤可以提高成功的機會

Here are five mistakes to steer well clear of.

以下是五大你該避免的錯誤

Technical analysis, advanced charting systems, automated algorithms - all can enhance your trading.

科技分析、進階圖表系統、自動化演算法，這些都可以幫助你進行交易

But blindly following a software program can often be a recipe for disaster.

但若是盲目地遵照程式往往導致災難

Remember, these are just tools, not foolproof strategies.

記得，這些只是工具，不是萬無一失的策略

It's important to understand the underlying concepts behind the trends and patterns,

重要的是要了解趨勢跟規則背後的概念

before placing any trades.

在你真正下單之前

Timing is not an exact science, but inexperienced traders will often act at the wrong moment.

把握時機並不是什麼科學，但缺乏經驗的投資者往往會在錯的時機行動

You can improve your timing by keeping a detailed trading log to track your previous mistakes,

想要更會看時機，你可以詳細的記錄下你所犯過的錯誤

using charts to help forecast scenarios and sticking to a clear trading plan to

善用圖表來預測情況，或是遵循一份清楚的交易計劃

stop you acting on impulse.

以防自己意氣用事

You may convince yourself a market can’t fall any further,

你可能會說服自己市場不可能再繼續下跌了

yet one of the most dangerous misconceptions is thinking you can always turn running losses into profit.

但是最危險的誤解之一就是認為自己總是能把虧損變成利益

Knowing when to cut your losses is a key skill to develop.

知道何時設下停損點是個值得發展的重要技能

Look back at your trading log, refer to your trading plan, and work out how much you’re

看看自己過往的交易紀錄，參考自己的交易計劃，在交易前先找出

prepared to lose before you trade.

自己能夠損失多少

Then place stop-losses to make sure you exit when planned.

然後設下停損點，以確保自己會照計畫退出交易

When it comes to trading, there’s no such thing as a ‘winning streak’.

在股市交易中，並不存在「連勝」這種事

With the euphoria that comes with a big win, there’s a temptation to believe you’re on a roll.

勝利後所伴隨的興奮感會讓你相信自己手氣正好

But you should never let the excitement cloud your judgement.

但你千萬不能讓興奮的情緒影響了你的判斷

Sit back, consider your trading strategy, and only open a new position if it fits with your plan.

坐下來，想想你的投資策略，只在符合計畫的情況下才增加投資

The experienced trader should always be aware of what’s at stake.

一個有經驗的投資者應該隨時注意到風險

To find the risk/reward ratio of any trade, compare the amount of money you could lose

找出任何交易的風險報酬比，比較你可能的損失與

to the potential reward. So if you’re risking £200, but you stand

你預計獲得的報酬。所以說，如果你可能會損失 200 英鎊，但你同時

to win £400, then the risk/reward ratio is 1:2.

可能獲得 400 英鎊的報酬，風險報酬比就是一比二

What ratio you decide to go with depends on your risk appetite, but generally novice

你採用的風險報酬比取決於你對風險的容忍度，但一般來說

traders should stick to low-risk, high-reward trades.

初階投資者應該要專注在低風險，高報酬的交易

So remember, always keep these five mistakes in mind before placing your next trade.

所以在下一次下單前，記得隨時都要把這五個錯誤放在心裏

And focus on trading with your head, not your heart.

專注用理性去交易，而不是情緒