Common Mistakes In Share Market (Part-4)

Sooo with the passage of time we have reached to the part 4 of this blog . Make sure to read all the previous ones . So that you get better knowledge of the whole thing and if you are comitting any of the mistakes you can practice to reduce it. 

Sooo lets start the todays blog now. 

Fixed Entry and Exit Points - Investors usually study the charts and balance sheets to select the best stocks for them or they get recommended by their family or friends. There is nothing wrong in buying good recommended shares but the mistake that investors commit is they dont fix their entry and exit points. 

Let me help you to get this point clear . Whenever you plan to buy the stocks or crypto what so ever make sure first you see the charts and then pre-decide your entry/buying point and your exit/selling point and make sure you follow that rigidly. 

Usually investors buy the stocks and earn a great profit but when its time to book their profits at the pre determined percentage they never do that , they become greedy and want to earn more profits. If the market starts moving downwards they wait to get atleast that much profit which they were getting earlier and like this there capital gets blocked for a longer time and they loose the opportunities. 

Soo make sure you take entry at your pre-determined level and take exit at your pre-determined level. This small habits create a great difference. 

We will be discussing few more point in the next part. Stay tuned .