4 Deadly Reasons Why Beginners Fail In The Share Market
1. Don’t know how to choose the right share to buy
2. Don’t know when to bail out of a losing share
3. Don’t know when to take profit on a winning share
4. Don’t Know how to construct a proper portfolio
1. Don’t know how to choose the right share to buy…
How does beginners choose what shares to buy amongst thousands of shares? You might choose to listen to your share broker, or listen to your “experienced” relative, or listen to free “share pick” on the internet…etc… and you will end up losing money.
Because individual share behavior is very complex, only the most professional full time traders have the right technology to make proper share pick decisions. Such experience and technology is simply not available especially to the beginner trader.
2. Don’t know when to bail out of a losing share…
The deadliest killer of beginner traders is not knowing when to get out of a losing share. Too many traders hold on to their shares until it is worth nothing. Most beginners will hold on...
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