While teaching students how to profit consistently in the stock market, i see people
habitually making the same mistakes. If you want to thrive, do not be guilty of these:
1) GETTING MARRIED TO YOUR STOCKS - Over the past 100 years, the stock market
as risen dramatically so those who invested long-term have been rewarded but
times change. Nowadays, the US stock market does not reward long-term
investors as it once dit. So you need to monitor them closely and know when to
get out.
2) NOT ACCEPTING LOSSES - We are all wrong sometime but the trick is to know
when to cut losses and move on instead of inaction in the stock market.
3) TRUSTING TIPS - YOU NEED TO DE YOUR OWN RESEARCh!!!! Don't gamble on
the stock market if you want to invest but quality blue-chip companies and
remember not to get married to tem and ignore speculative long-shot tips!!!!
