I’ll let you in on something that I’ve learned throughout my professional experience- no one knows exactly what to do when they start out in the stock market for the first time. However, there is a way that you can avoid these mistakes.
One of the best things you can do to elevate your trading success is to learn from the mistakes of those who have already gone through the trial and errors of all the beginning stages.
In this video, I will share with you a handful of common mistakes that beginning traders make so that you can learn how to avoid a wide range of mistakes ranging from inner game to outer game, underestimating the ease of the market, and creating bad trading habits.
📝 Video Chapters
00:00 Introduction
00:09 12 Common Stock Trading Mistakes Beginners Make
00:35 1- Easy to Make Money
01:49 2 – No Plan for Each Trade
03:03 3 – Having the Wrong Habits
05:34 4 – Emotionally Tied to a Stock
08:02 5 – Not Taking Profits
09:59 6 – Holding on to Losers
11:44 7 – Averaging Down Incorrectly
14:13 8 – Using Excessive Leverage
16:30 9 – Trying to Save a Position
17:51 10 – Following Blindly
20:29 11 – Looking at the Short Term
23:55 12 – Not Investing in Yourself
#tradingmistakes #stocktrading #tradingbeginners #stocktraders #stockmarket
Posted at: https://tradersfly.com/blog/ep-146-12-common-mistakes/
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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.