Dos and Don’ts for New Online Share Traders

In spite of the vast resources of free tips available for new traders to learn about the stock market, if you feel that there’s something missing and you’re looking for more genuine advice, then this article might be just right for you. More often than not, new traders succumb to various different pitfalls due to the lack of knowledge, lack of capital and emotional excesses like excitement, greed and fear. In this post, I will give you 5 unique Do’s and Don’ts that will help you survive in the markets for the years to come!

 Do’s:
1. Be sure of the fact that you can never always be sure.
2. Stable returns are more important than jackpot trades.
3. Take home some profits before profits are taken away from you.
4. Increase your hit rate instead of spinning in fortune’s wheel.
5. Make hay when the sun shines.

Don’ts:
1. Never go against the trend.
2. Never go long in a falling market with leverage.
3. Never wait for the top to sell because it’s like aiming in the dark.
4. Never expect markets to be rational unless you want to be wrong.
5. Don’t overtrade.

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Author: mandotsecurities

We are a private limited company incorporated at Indore in 2014 and are one of the leading financial service provider in Central Indore. We are a SEBI registered Stock Broker (BSE and NSE) and a Depository Participant with CDSL. We have a current presence of various different locations through the network of Branches and Business Associates.

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