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”