Hello everyone I am @shahariar1 mod of Steem of Animals Community.I am From #Bangladesh
Today's content is about five stock market mistakes beginners make. Hope you will read my content till the end. And if you are a new trader then this content is for you. Through today's content, I will try to adapt the way a professional trader's mind set works. I am starting my content by wishing everyone good health.
Let's find out the common mistakes that beginners make in the stock market.
High expectations from the market: When we start trading in the market. Then our expectations are very high. We look at others who are making a lot of money from the stock market. We invest all our resources in the stock market thinking that we can do the same. Even if there is a small profit, it gets out of control when it starts paying later. How much daily profit to make in stock market. It is important to note how much loss should be taken out of the stock market. High expectations should not be .
Don't put lot of money in beginning: This means not trading with a lot of money at once when you start your trading career. Start with little money. Because when you start you will have very little knowledge about the market. And that time loss will be more likely. So make a small investment and gain market experience. Then you make your full investment.
Avoid futures and options trading in the beginning: Most beginners come to the stock market to trade after watching others earn. The spread of futures and options trade is the highest on various Telegrams or this Facebook on YouTube. These catch their eye and they turn to futures and options trading soon after entering the market. It absolutely shouldn't. At the beginning one should focus on equal market. You should know the details including the market. Then when you are confident, you should go to the futures and options market.
Avoid indicators in beginning : When a beginner starts trading, many indicators are placed on the chat simultaneously. Like MACD, RSI, , EMA, MA etc. Beginners find it difficult to chalk market shirts because of using indicators. And they have a lot of difficulty in understanding the market. You have to learn to read the charge perfectly without the indicator. Because all indicators are created by charting well. No indicator will be needed when you learn to read Perfect Chat.
Maintain your trading journal:Trading Journal is an important subject. There are always small mistakes that go wrong while trading every day. Because no one ever enters the market as a perfect trader. So beginners should note down all the mistakes. So that these mistakes do not happen again in his trading life.
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Hope you like my content. Wishing everyone good health, I am ending my content here today. See you again in a new content.
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