THE BIGGEST MISTAKES NEW TRADERS AND INVESTORS MAKE

 

Most beginnmistakes new traders makeer traders and investors in the stock market lose part or even all of their invested capital in the markets. Though the reasons why this happens has been analyzed again and again; newbies in this market continue to experience these difficulties. Though this could be attributed to ignorance or lack of knowledge, it could be that the psychology of new traders is exploited by the market dynamics.
For instance, they may get fascinated by the possibilities of profit the market provides and hence look to book profits quickly. Such frequency in trading can result to the newbie trader or investor falling into market traps easily.

Let us explore some of the mistakes new traders make.
1. Not cutting their losses in time; we have always heard of the phrase; “Cut your losses quickly and let your profits run”. Though this is repeated over and over, new traders continue falling short of doing that by the mere excitement of booking some profits early. They are also not prepared to take a loss and usually wait for the market to turn around and head to their direction. Markets trend and their loosing position quickly consume their capital and also hold margin that could have used to place other trades.

2. High Leverage; most new traders approach the market from a ‘get rich quick’ perspective. This leads to high use of leverage in order to win big. Though this is possible, leverage also amplifies the losing side. Hence a number of consecutive losing trades will wipe out their trading capital.

3. Over-trading; experienced traders and investors always advice newbies to take trading as a business and not a hobby. However, the excitement of trading influences the habits of new traders easily. This makes them place numerous trades and watch several unrelated markets at the same time. More often than not, their mindset and trading approach becomes overstretched rendering them inefficient in trading.

4. Relying on others; new traders often follow the so called “trading gurus”. This ranges from following major online financial analysts to social media. By doing this, they abandon they trading plan and approach leading to inconsistency in their results and finally losses.

5. Lack of a trading plan; discipline is a major trait that successful traders possess. They create a trading plan based on their trading strategy and stick to it leading to consistency in their trading. They are also able to track their mistakes from the trading plan and correct accordingly. On the other hand, new traders do not keep a trading plan and end up moving from strategy to strategy and following others as discussed in mistake 4.

6. Adding into losing positions; new traders double their losing positions in the hope of getting a breakeven. This is disastrous especially in a trending market. If the market continues to move against their positions they end up with huge losses and the risk of losing their entire capital.

7. Slacking in acquiring more skill; experienced traders reached their level by working hard and acquiring more skills to survive and make profits from the market. On the other hand, new traders think that making money from the market is easy and rarely put enough effort till it is too late.

Latest Comment

  1. Commented by: JorgeWhick

    purple pharmacy mexico price list: Legit online Mexican pharmacy – buying prescription drugs in mexico

  2. Commented by: JefferyMibly

    demo pg slot
    Hercules99: Daftar 8 buah Gim Uji Coba PGS Bebas Curang Terpercaya di Nusantara

    PG Slot telah menjadi pilihan pilihan favorit bagi banyak pecinta slot di Nusantara, menyuguhkan aneka gim yang menarik dengan pengalaman dan kebahagiaan tanpa batas. Di saat popularitasnya semakin tinggi, muncul pula kekhawatiran akan munculnya kecurangan atau gangguan dalam judi online. Tetapi, PGS telah berhasil menanggapi kekhawatiran ini dengan menciptakan permainan slot tanpa curang yang aman dan terpercaya.

    Dilengkapi fitur keamanan terkini serta fitur canggih, Permainan PG Slot menjamin bahwa setiap game lancar dan terlindungi untuk para pemain. Di bawah ini daftar 8 slot demo PG bebas curang yang populer serta diandalkan di Tanah Air:

    1. Fortune Mouse Demo
    Tikur Keberuntungan adalah gim slot yang memikat hati dengan gambar memikat serta tema imut. Selain tampilan visualnya, game ini dilengkapi dengan teknologi enkripsi terbaru dari PG Soft yang melindungi data dan transaksi pemain. Setiap perputaran aman dari kecurangan, sehingga pemain bisa bermain dengan tenang.

    2. Slot Demo Dragon Hatch
    Dragon Hatch memasukkan player ke dunia fantasi yang diwarnai keistimewaan dengan energi mistis. Tetapi kelebihan utama gim ini ada pada sistem proteksi canggihnya. Berbekal fitur anti-manipulasi, game ini menjamin semua kemenangan dengan cara fair tanpa adanya manipulasi dari luar.

    3. Uji Coba Perjalanan Menuju Kekayaan PGS
    Game Journey to the Wealth mengajak pemain ke petualangan menuju kekayaan tanpa batas. Dengan bonus yang besar dan RTP (Return to Player) yang tinggi, slot ini menyuguhkan kenikmatan bertambah dan juga keadilan dalam tiap giliran. Pengguna bisa merasakan sensasi bermain tanpa rasa cemas soal kecurangan.

    4. Uji Coba Bikini Paradise PGS
    Aplikasi ini mengajak pemain ke suasana pulau yang indah yang cantik serta penuh keceriaan. Di balik suasana santainya, Bikini Paradise dilengkapi dengan protokol keamanan yang kuat, yang menjadikannya sebagai game Pocket Games Slot anti-rungkad yang aman. Player dapat menikmati gim tanpa khawatir akan adanya kecurangan.

    5. Uji Coba Medusa II: Petualangan Perseus PGS
    Dalam slot Medusa II, player diajak dalam petualangan epik menghadapi monster legendaris. Permainan ini dilengkapi dengan keamanan mutakhir yang menjaga integritas setiap putaran. Dengan begitu, pemain dapat fokus pada kemenangan tanpa ada campur tangan eksternal.

    6. Demo Bombs Slot PG
    Berbekal tema perang yang intensif, Bombs Away menggugah nyali pemain. Saat permainan memanas, fokus pada keamanan utama. Sistem keamanan PG Soft menjaga transaksi dan hasil game, membuat nyaman bagi pengguna saat mengejar kemenangan.

    7. Uji Coba Adu Banteng PGS
    Bull Fight mengajak pemain dalam arena matador menantang. Di dalam game ini, PG Soft menjaga integritas tiap putaran. Pengguna bisa menikmati permainan dengan adil dan aman tanpa rasa khawatir akan manipulasi.

    8. Uji Coba Sang Juara Muay Thai PGS
    Muay Thai Champion menyuguhkan tema bela diri yang memikat, mengundang player bertarung sengit di ring. Slot ini tidak hanya menarik dari segi tema, tapi juga dari sisi keamanan. Setiap giliran diawasi ketat, menghadirkan pengalaman bermain yang jujur dan lancar.

    Manfaat Bermain Slot Demo PG Soft dengan RTP Tinggi
    Permainan demo PG Slot tanpa curang memiliki RTP tinggi yang melampaui rata-rata. Hal ini memberikan kesempatan lebih besar bagi player untuk mendapatkan pengembalian atas investasi mereka. Mengambil game slot PG Soft bukan hanya untuk hiburan, juga memberi peluang keuntungan besar.

    Dengan pilihan permainan di atas, player bisa merasakan slot yang adil, aman, dan mengasyikkan. Melalui sistem canggih dari PG Slot menjaga kelancaran dalam setiap permainan, membuat para pemain merasa yakin.

  3. Commented by: Devonbleat

    http://mexicanpharm24.cheap/# mexico drug stores pharmacies
    pharmacy online

  4. Commented by: Williamreepe

    best drugs for erectile dysfunction http://pharm24.pro/# erection pills online

1 104 105 106 107 108 1,980

Latest Comment

Your email address will not be published. Required fields are marked *