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Common Mistakes of a Trader?

Posted by Viraj Shah on November 24, 2007

The common mistakes of a trader
a) Buys when the stock is run up too much and when it corrects it holds the stock for too long. – Greed
b) Sells too early and then regrets why did he sell – Fear

Now both Fear and Greed are part of human emotions but the thumb rule is “Cut your losses early and Ride your profits”

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