| The best Stock Market advice you will ever read is to | | | | without a plan. Without a trading plan, traders approach |
| learn from mistakes when someone else has made | | | | the market in an inconsistent manner. One day they |
| them. So, this stock market advice list I made a list of | | | | trade stocks and the next they trade the foreign |
| some of the most common trading mistakes that are | | | | exchange. Or, they may use one set of indicators one |
| made. Even I`ve made some of these. If you have | | | | day, and the next day they will throw these indicators |
| already made some of the mistakes, you can rest | | | | out the window and take on a completely new set. |
| assured that you aren`t alone in making them. If you | | | | Without a consistent approach, the only thing governing |
| haven`t made them, then here`s a way to get around | | | | their trading decisions is really emotions, and that will |
| having to learn by making the mistakes yourself, by | | | | doom them to failure.If a new trader has managed to |
| reading my stock market advice list.The Stock Market | | | | skip these last two mistakes, they often fall down |
| advice tip #1, and worst mistake that people make is | | | | when they try to go it alone. This is my Stock Market |
| that they believe trading is the easy answer, a way to | | | | advice #3, all traders should find themselves a coach, |
| get rich quickly. People will often expect to become | | | | or a mentor. Someone who can help them spot the |
| wizards in the market overnight, but they fail to realize | | | | errors in their system that they might not have noticed. |
| that trading is like any profession; you must learn how | | | | An outside point of view can help you avoid other |
| to do it first.For example, would you attend a weekend | | | | costly mistakes, and greatly increase your |
| doctor`s seminar and expect to conduct heart surgery | | | | profits.These are some common and quite basic |
| on Monday? Of course not! I am shocked at what | | | | mistakes. The next errors I`ll mention are ones that are |
| people expect when they go to a weekend trading | | | | just as prevalent in the trading industry, but they often |
| seminar. They think they will create wealth without | | | | occur once traders have been around for a while. I |
| having to work, invest or think, and it just doesn`t | | | | have some personal experience with these mistakes. |
| happen that way.After treating trading like a get rich | | | | Let`s call this stock market advice list, the three most |
| quick scheme, my next stock market advice tip #2 | | | | expensive mistakes I`ve made. |
| and most common mistake, is to approach the market | | | | |