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Rediff Money Live Stock Market - India

5 Pitfalls to be Avoided as a Trader

Written By Sheffin on Sunday, January 3, 2010 | 10:03 PM

One must make sure that one avoids the four Pitfalls which will help one to make money from the stock market. The same are as appended blow:
  • Focusing on the Profit and Loss.
  • One should avoid losing objectivity while in a trade.
  • One should avoid becoming emotional with a trade.
  • Lacking confidence: exiting early, failing to put a trade on, not sizing up
  • Difficulty adapting to a changing market.

Thus make sure that one is able to overcome these hurdles which will help one to make a lot of money from the stock market which opens its gateway to money making market every day.

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