- Greed; being greedy can be a problem as it corrupts wisdom,
- Making the same mistake twice,
- Following the crowd, as the loss at the end is of the individual and not the crowd itself
- Putting all your ‘eggs in one basket’. You should diversify and spread your investment,
- Using rumors as tips, as this can result in losses. A tip can end up as a ‘pit’
- Emotions; being emotional can effect reasoning. Traders should use research backed by fundamental reasoning.
- Impatience; patience pays, perseverance gains,
- Over borrowing; loan repayment is not an investment.
Saturday, January 10, 2015
Things to AVOID When trading in Stock Market
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