Thursday, June 10, 2010

10 Pitfalls In Investing

These are some of the pitfalls for many investors who have experienced losses in the market. Look at them and try to think of a way to see how you can shift your mindset to trade successfully.

  1. Stepping on unfamiliar zone;
  2. Low battery in times of need;
  3. Greed & Fear factor;
  4. Timing the market;
  5. Late for the party;
  6. Jumping on the bandwagon;
  7. A hat too big for the head;
  8. A potent bland without the right mixture;
  9. Forgetting to stock up the barn; and
  10. Missing a well-crafted plan.

Wishing all the best for those still hold positions in the market.

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