Here we will discuss in short about the common mistakes done by the Day Traders. Generally most of the investors loses money in the Day Trading due to the following facts: Investors does not know the correct rate of buying or selling or the exact time of entry. Most of investors do not concentrate on Stop Loss Concept which is very important in Day Trading. The investors generally sets their minds (bullish/bearish) for shares they are trading and will not follow the Stop Loss Concept and losses their money. The investors normally takes delivery of the shares in case if the price falls thinking that they will be able to sell at profit on the next day or two which actually may or may not work out. In which case they will be blocking their money in the market and also increases their loss.
Donot run behind daily up down. Do trade with concentration with peace of mind.
Donot make your mind & soul like machine. Stop trading some days unless & untill mind relax.
Donot disturb your mind for daily trading.
Donot blame your luck. Do trading in right way with your own decision.
When price is up ,After short selling, Wait for 10 to 15 days.you may get lower price
Donot trade second time before profit getting in first time.
Make charity of 1% & more of profit.
Trade always 2 or 3 good shares long time.
Donot run behind daily up down. Do trade with concentration with peace of mind.
Donot make your mind & soul like machine. Stop trading some days unless & untill mind relax.
Donot disturb your mind for daily trading.
Donot blame your luck. Do trading in right way with your own decision.
When price is up ,After short selling, Wait for 10 to 15 days.you may get lower price
Donot trade second time before profit getting in first time.
Make charity of 1% & more of profit.
Trade always 2 or 3 good shares long time.
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