Friend,
A new investor will definitely not have experience and theoretical knowledge is possible in knowledge.
So, in such a situation, a new investor must have knowledge of some things considering the market situation.
Like:
1) There are no such returns in the market as seen in the ads of brokerage companies.
2) Most of the advisors available in the market do not have enough confidence in themselves to invest their own money in the market. So do not trust the advisor in the market.
3) Do not overtrade in the market. This is the most harmful part for a trader.
4) After taking a trade, do not look at the changes in the profit/loss going on in the account. This will change your entire discipline.
After entering the trade, just keep an eye on the chart and exit the trade accordingly.
A new investor must have knowledge of the above four points. Because without knowing this, most traders keep increasing losses without any reason.
Hope the post will be useful for you.
Thank you
0 Comments