what are some less known traps that i should watch out for?

Discussion in 'Risk Management' started by mute9003, Sep 22, 2021.

  1. Killjoy

    Killjoy

    Don’t be worried about all this. Just focus on your strategy and stick to your trading plan. Any distractions can cost you money. When you have analysed the market properly and know what you are doing, you will always be able to recognize red flags and can avoid them.
     
    #31     Dec 16, 2021
  2. Agraphia

    Agraphia

    Anything that you hear for the first is probably a scam. There are no shortcuts and if someone tries to lure you with fake ideas of making money, you better avoid them.
     
    #32     Dec 17, 2021
  3. Cabin111

    Cabin111

    DO NOT DOUBLE DOWN!! "BOY, THAT STOCK IS CHEAP"!! There is a reason that stock is cheap. Set a limit on how much you will put into one company...Stick to it. Two examples...GM in 2008...BABA now. Both had the government step into their lives. Pensions killed GM. BABA...Jack Ma went bye bye.
     
    #33     Dec 24, 2021