The deadliest mistake made by most investors
The recent stock market routs must have caught many small time investors by surprise. The Dow Jones had the worst five day trading performance in history, wiping off trillion of dollars from the market. Both the oil decline and China’s stock market 7 percent drop combined to send Wall Street plunging down the cliff. In the midst of the chaos, many investors must be pondering whether to enter or exit the market.
Taking control
Most people know that investing is all about emotions – greed and fear. These two emotions often over rule our rational thinking and affect our decision making in investments. To be a successful investor, it certainly take more than knowledge to make money from stocks. You need to take positive action. To take the emotions out of investing, you must set stop-gain or stop-loss level for every stock that you invested in. In doing so, there will be less chances of you looking back in regrets for selling a surging stock too early or live in fear for not selling away your stock investments during market sell-off. You will also have clarity when to enter the market and buy a certain stock.
Truly dividend or long term investors?
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