Why people come in stock market
• By influencing from family friends , Big Names - like Rakhesh Jhunjhunwala , harshad mehta , Damani Sahib and many more
• By seeing screenshots / fake publicity
• By seeing opportunity in market to for better returns
There can be more point in this list , but importantly the 3rd one is genuine ; however this is not the topic for today's blog post . We are here to discuss the issue which beginner faces afterwards.
The Mistakes
Mistake #1
Not Understanding The Basic Thing Of
Market - The Price
Mistake #2
Jumping In Actual Market - Ignorance Of Paper Trading
Mistake #3
Bulk Buying - Absence of Position Sizing
Mistake #4
No Stop Loss - Absence of Risk Management
Mistake #5
Averaging Down In Every Case - Hoping To Recover From Loss
Mistake #6
Making Penny Stock Portfolio - Not Understanding The Business Model Of The Company
Mistake #7
Depending On Others - Absence Of Learning
Mistake #8
Borrowing Money For Trade - Doing Trading With Debt Money
Mistake #9
Quantifying The Returns - Absence Of Basic Understanding
Mistake #10
Considering Stock Market As A Gamble & Makes It A TABOO For Others
Control of emotions while trading is my biggest mistake
ReplyDeleteI can very relate to this , i know things which run in mind while seeing profit or loss in the screen. believe me thats nothing but "HOPES"
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