What's the biggest mistake you've made while trading?
Hi, mooers,
Welcome back to Mooers' Stories! In this session, we are going to share the following topic: What's the biggest mistake you've made while trading?
We are all human beings, and making mistakes is human nature. When trading stocks, we are either driven by emotions, especially greed and fear, or we keep very high-profit expectations. Many stock traders enter the market at full speed, but they soon realize that it isn't that easy to keep making money. The prospects of making money lure people into this trading area, but the reality of losses may quickly bring deterrence and frustration. Therefore, as investors, you must understand that making mistakes is not uncommon. Even professionals in the stock market have made many trading mistakes. The key to their ultimate success is to learn from them and minimize them in the future.
Making mistakes is part of the learning process when it comes to trading or investing. While some trading mistakes are unavoidable, it is important that you don’t make a habit of them and learn from the unsuccessful experience. With that in mind, what's the biggest mistake you made? How much did it cost you? What lesson did you learn from it? Click to join the topic discussion now! --What's the biggest mistake you made?
Rewards
Featured Stories:
3 mooers will get 1,888 points;
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3 mooers will get 1,888 points;
10 mooers will get 888 points.
Participation Reward:
All relevant posts with more than 30 words will get 66 points!
All relevant posts with more than 30 words will get 66 points!
*Note: one can only get one reward out of the three mentioned above.
Selection criteria
1. Content quality: authentic personal story.
2. Good typesetting with order histories, stock's trend or other helpful charts.
3. User interaction with the post.
4. Relevant tickers added.
2. Good typesetting with order histories, stock's trend or other helpful charts.
3. User interaction with the post.
4. Relevant tickers added.
Event Duration: Now–December 28th, 11:59 pm ET
Write your own ideas: Plagiarism or cheating is not acceptable on moomoo in any kind of community activity. Please "Report" the post if you see any. Once confirmed, the user committed shall be disqualified from the activity.
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Arthur Williams : Not truly understanding penny stocks.
Got hosed. Got wise and Got to studying about buying volatile stocks. Hindsight is 20/20 but I Digress.
Still Very Important lesson learned...
Do the DD on Everything.
Mooers Lab OP Arthur Williams : Hi, please post here at the topic: https://www.moomoo.com/community/discussion/440401937
to get points and have more impressions!
Evelynne : I don’t know when to make long-term investments and when to make short-term investments, but I learned from others on the moomoo platform later.
Mooers Lab OP : Please join the topic discussion here: https://www.moomoo.com/community/feed/107476908703749
maddhatter : Overthinking
Whattrend : Emotional
kingdomdrewski562 : traded too early
Jackosen : biggest mistake that i have made was to follow the hype about the meme stock. Ended up losses that would have been avoided if i have done enough homework to analyse the company before investing.
Hummphry : The stocks that were originally optimistic have not risen well
GonnaRain : Chasing quick profits from companies that are forecast to increase but are really just pump and dump stocks. Many “experts” out there are just shills.
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