While investing in stock markets, everyone goes into it with the expectation of making the maximum profit. While doing so, the investor may commit some mistakes that land him into a probable loss. Here are some common mistakes a trader must try and avoid:
1. Improper Planning:
Purchasing stocks and expecting to yield higher profits than usual without a proper plan can only spell doom in the future. Investors need to analyse the fundamentals of the company he is trading with, the current market health, calculate the right time to sell stock or currency trading, the target price and stop possible losses beforehand.
2. Not studying the stock market carefully:
Blindly predicting the stock market looking at other trends is one of the biggest mistakes’ investors make. The stock market is the ficklest and can change at any given moment. Analysing the company you invest in, it’s strengths … Read the rest