5. Habits Although habits seem minor, prices add up. Buying a $1 coffee each day cost you $365 every year. Imagine how much more money you spend by eating out regularly. If you smoke, cost of cigarettes along could drive you to quit.

6. Running up credit card balances If you carry unpaid balances on credit cards, you are already losing money in interest payments alone. Credit card companies have high interest charges that accumulate with unpaid balances.

7. Be under-insured You need to protect yourself and your family from unforeseen emergencies, sickness, accidents and possible death. The goal is to make sure that you have proper financial coverage incase anything should happen.

8. Investing in things you don’t understand If I had a dollar for every sure fire stock tip… I’d be rich. Then I’d lose that money by investing in those tips. Make sure you know what you are investing in, by asking a lot of questions, don’t hesitate to get another financial opinion.

I believe that it's partly to do with trader's psychology and partly to do with system they are using. If you don't follow rules of your system you are doomed and if your system doesn't give clear indications of action you should take - you are doomed to make losses.

For 48 hours only, you can download full - "The Truth About Fibonacci Trading".

Below you will find a link you can use to get a free trading system. Trading using Fibonacci is a commonly used system to time buying and selling. You will also find other very relevant information you can use to decide which system is right for your trading.

Students of THE 10 Simple Rules get two systems included as part of trading package. You can find out more here: http://www.tutorhelp.com.au/sharemarket.html