Lessons From Tim Bohen’s Biggest Trading Mistakes

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Embracing one's mistakes is a pivotal step toward growth in the trading world. With 17 years of trading experience, beginning in 2005-2006, Bohen recalls his enduring fascination with finance, even dating back to his childhood in Michigan. He shares a particularly humbling experience - his faith in mainstream media's influence, particularly "Mad Money" with Jim Cramer, which proved to be misguided. Bohen then ventured into the risky territory of following penny stock trade alerts from unreliable sources, leading to another major misstep. By 2012, he had strayed into unfamiliar territory, trading triple-leverage ETFs without proper research, resulting in one of his most substantial losses. Lastly, Bohen underscores the significance of a meticulously crafted trading plan and how he overcame overconfidence using index cards as a constant reminder. Avoiding these mistakes and learning from an experienced mentor can shield you from similar pitfalls.

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#StockMarket #TradingMistakes #TraderMindset
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

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