COMMON MISTAKES OF NEWBIE INVESTORS The stock market is alw | LiveTrade LTD Official Channel

COMMON MISTAKES OF NEWBIE INVESTORS

The stock market is always an investment channel that helps investors make huge profits within a short period of time. However, not many F0 investors are successful in this market as they are likely to make certain common (but serious) mistakes in investment.

Let’s point out typical mistakes of traders who are new to the stock market and how to avoid them.

Mistake 1: Following the majority
Investors are more likely to fall victim to scams if they follow the majority in investment without any understanding of the stock, as well as the credibility of the company issuing that stock.

 Suggestion:
Equip yourself with basic knowledge of the stock market as well as consult professional stock brokers so that you are able to make wise decisions.

Mistake 2: Believing that the longer you keep a stock, the better returns you will receive
Stock prices tend to rise with time and thus holding stocks for the long term can be a right strategy sometimes. However, don't blindly do it all the time because no stocks would go up forever in the long run.

Suggestion: Consider the appropriate time to sell your stocks and take the best return.

Mistake 3: Putting all eggs in one basket
Investors are at higher risk of failure if they hold stocks of only one company.

Suggestion: Diversify your investment portfolio to avoid facing a crisis when some of the stocks start to plunge.

Mistake 4: Holding bad stocks and refusing to cut loss
When a stock starts to go down, investors often hold it, hoping one day it would rise again, at least to the breakeven point. Therefore, they tend to miss other investment opportunities while waiting for such unpredictable changes.

Suggestion: Cutloss at the suitable time to prevent further loss.

#UngdungLiveTrade #LiveTradeApp #invest #securities #newbieinvestors #mistakes

Follow #LiveTrade official channels for more new posts!
------------------------------------------
Tele Group: https:// t.me/LiveTradeVN
Tele Channel: https://t.me/LiveTrade_official_VN
Facebook: https://www.facebook.com/LiveTradeVN
Twitter: https://twitter.com/LiveTrade_io