6 Most Common Mistakes In Trading

By Abhishek katkar
6 Most Common Mistakes In Share/Stock Market Trding.

know and learn small common mistake in trading with practical examples.

Common Mistakes In Trading


Profit and loss is part of investment also every aspect of our life but if you do it carefully then you can definitely avoid many unnecessary losses in market and can convert them into your profit which is your extra profit so for this you should be careful and smart in stock market.

So here are some mistakes and tips which are important and by understanding them, remember during trading and make your trading better and successful.

Being Unknown And Sudden Excitement

Many people i have seen, who are trader and they have been trading like before they were and making small small mistakes, now also they knows it and this is shocking and wrong because they are making mistakes and still they are doing it because now it becomes their regular habit and they are losing money.

If you are doing it then quickly stop it and make some important changes in your attitude and working Method.

• Decide what is your goal
• Why you want to trade
• Why you are trading
• What is purpose behind it
• What is your financial state
• What is risk level and how much risk you can take.
• Or just others are doing and because of that you also want to do it.

Ask your self these questions and honestly try to answer them. Test your knowledge and information about market. Know your skills and in which things you are perfect and practice it. if you dont know then learn it and make sure about you have some basic level knowledge and Then enter in the market.


Learn Things Well First

Many of us don't know things well and also they dont want to learn them and they are directly started trading in the market without any research and study and are losing their money.

If you are a trader and you want to trade then don't enter directly in the market for trading and buy any share .I know you also wants to make/earn money but before that you should follow a process, know some basic things about the company which you are thinking to buy and then decide how much risk you can take and what will your profit margin if you want to trade for very short period like everyfay or 2-3 days or five days or month.

Always remember one thing more things you learn more safely you Can trade in market.


Don't Suddenly Change Decision

Most of people dont have reading and study habit and they are stuck to unsure news and to the people who are trying to be experts unknowingly without studying and learning a single thing about market ,listening and following them indirectly.

So keep distance from this type of people who don't know single thing about market but they are making their own as well as your loss. And further you will realise that you have lost the good opportunity where you could earn good profit because you changed your decision why.....because you dont learned about investing . so here you need to be more careful and be constant on your decision till the last. even if you will have loss then also dont worry because here you have learned some thing and the loss is because of you not because others. but if you lost money because of others then it is more painful than your wrong decision.


Trade Independently

You want to be the good trader and make money regularly then trade once in week independently with some study. this will help you practically to test your information, knowledge and skills about trading in all condition of market. so here you will learn some things independently,

  • What is the actual process and how it works
  • How many things you must know before do trading
  • How much actual risk is.
  • Where you can control your trade or not
  • How you can trade safely

Which is best time period for trading like (every day morning or two three times in week or once in week) like you can find good period for safe trade.

This trading session teach you basic lessons by which you will trade in safe zone and can avoid small small losses. This will your independent learning experience and which increase your confidance and take you to next step to being a good trader .


Limit/Book Your Profit

This is first step in trading because before you do trading you must decide profit margins and should exist at that point ( even it seems like price will go more up ) then also because this more expectation may reduce your profit.

if the price goes high after you exit.then don't think you could earn more profit because here your target is hit and you have done your trade very well as per plan. So set proper profit margin and mostly less and exit at that point so you can make profit in almost every trade.


Don't Be Impatient

Every time you do mistakes without any reason and the reasons is simple over excitement and impatience and this is not good in trading because this is market and it changes every minute and here if your are doing same mistakes again again then this is the bad sign of losing money. So if you want to learn much then in less time,

• Take a mistake.

• Study that one carefully again and again.
• Find where you did the mistake
• Heed lesson from that and write it in your notebook.
• Practice it.
• Try to never repeat it again.
• When you Make a new one then repeat the above process.
So no one can stop you from becoming a good trader by yourself.


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