What do you think which is the most important mistake in trading that we should avoid among these.
Trading with money you can’t afford to lose
2. The need to be “certain”**** 3. Words that will kill you! HOPE—WISH—PRAY** ****** 4. Not Acting on your plan** 5. Not knowing how to get out of a losing trade** 6. Having an ego**
7. Falling in love with a sector or script**
erm... trading itself is a mistake for an individual. an individual should be investing... not trading... leave trading for profit to pros like prop desks and hedge funds. individuals should buy good companies for cheap and be patient. that's it. there's no need to pay excessive commissions and pay the tax-man.
honestly, these retarded talking heads on CNBC etc should be banned for misleading the public. or there should at least be a disclaimer running constantly on the screen all the time they talk saying that the guy talking has no clue what he's talking about. and that king of idiots - Cramer who is super retarded, mashallah, he should be behind bars.
all the good work that the likes of Buffett, Templeton, Munger, Bogle have done to educate the average man on proper investing is being undone by Cramer and his gang of TV idiots.
Hi vivek04, how u, i need information on pakistani company,which pay good dividend,when they pay it ? when they go ex dividend date ,like ici ,pol , pso ppl i thing they pay div.can u help me to find ex div date,and pay day date please, your rules are good i am going to put them on my screen,thanks
*Trading with money you can't afford to lose/ don't play
*
2. The need to be "certain"/ nothing is certain these day 3. Words that will kill you! HOPE---WISH---PRAY/.................if 4. Not Acting on your plan/ i thing u should listen to your brain wave and act on it
**5. Not knowing how to get out of a losing trade** / don't trade 6. Having an ego**
7. Falling in love with a sector or script**