Dear Fellow Investor.
Before I start I want to answer one question that haunts the minds of many traders:
And that is HOW CAN I Get RICH QUICKLY WITH STOCKS?
And heres the answer:
I firmly believe that no one can honestly answer that question. But with certainty I can tell you how you can get poor very quickly in the stock market:
By trying to get rich very quickly!
So here are the 7 most common misconceptions of beginners:
1.Believing that they can turn $100 into $1000 and $1000 into $100.000 in no time. All they have to do is enter low and exit high. Buy at $1.- and sell at $150.- Thats it! Piece of cake!
2.Believing that there is a system that is 100% accurate and foolproof and they, of course, have got it!
3.Believing that they can outwit and play a trick on the market predicting highs and lows and other turning points.
4.Believing that they can be on a winning streak all the time.
5.Believing that just because a $20 stock was at $100 before, its going to see that mark again. And so they start trading without any fundamental background and knowledge about the company they want to...