#The biggest mistake in trading
As an investor who is new to the market, the biggest mistake I made in trading is: 1. Chasing price increases and killing price declines. When I see individual stocks with strong upward momentum, without conducting any analysis, I blindly participate and end up being manipulated, and ultimately have to cut losses and exit. $Rivian Automotive (RIVN.US)$ Learn from the lesson, if you want to participate in high-priced stocks, buy and sell on the same day to reduce risks.
2. Blind optimism. In the process of individual stocks rising, if you do not sell in time, you will always think it will go up; the result is that many times the profit is not preserved, but instead losses occur.![]()
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Learned to sell at high levels and buy at low levels Earning the price difference in the band. $SPDR S&P 500 ETF (SPY.US)$ Earning the price difference in the band 😁😁😁
3. Wrong buying and selling points. In the process of individual stocks falling, blindly adding positions without analysis will result in more positions being trapped the more you add. $Alibaba (BABA.US)$ Afterwards, adjust your mindset, learn to analyze, enter the reminder of the wrongly added position, so that when you earn a certain profit, you sell, avoiding buying high and selling low, gradually getting out of the situation of being trapped.
4. Impatience. Many times, individual stocks do not show an upward trend but decline. People think it is a junk stock without analysis, and even cut losses and exit. Firstly, it's because they don't know how to pick stocks, and secondly, they lack patience. In fact, after the bearish signals are exhausted, the risk decreases. Then, after selling the stocks, the stock price rises, leading to deep regret. $Apple (AAPL.US)$
2. Blind optimism. In the process of individual stocks rising, if you do not sell in time, you will always think it will go up; the result is that many times the profit is not preserved, but instead losses occur.
3. Wrong buying and selling points. In the process of individual stocks falling, blindly adding positions without analysis will result in more positions being trapped the more you add. $Alibaba (BABA.US)$ Afterwards, adjust your mindset, learn to analyze, enter the reminder of the wrongly added position, so that when you earn a certain profit, you sell, avoiding buying high and selling low, gradually getting out of the situation of being trapped.
4. Impatience. Many times, individual stocks do not show an upward trend but decline. People think it is a junk stock without analysis, and even cut losses and exit. Firstly, it's because they don't know how to pick stocks, and secondly, they lack patience. In fact, after the bearish signals are exhausted, the risk decreases. Then, after selling the stocks, the stock price rises, leading to deep regret. $Apple (AAPL.US)$
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StockKing888 : The analysis was particularly good...
勇敢韭韭不怕困难 : Over 130 have chased Rivian.
320 copied Modena.
Fortunately, I was able to run fast.