Investors who have been engaged in deposits for a long time already know about all the possible mistakes of beginners. For example, such an experienced investor as Nikita Izmailov Fund N1, teaches everyone who wants to invest. Below we will tell you about all possible beginner's mistakes.
Investing all capital
Creating a financial "cushion" is an important part of trading with securities. That's why it's important to leave funds to live on and a portion for contingencies. You can open a deposit in the bank and only then invest. Think about whether you are prepared to lose the amount you want to invest, if your financial condition does not become critical, then you can invest your money.
Lack of attention to training
If you decide to trade on your own, it is imperative that you undergo training so that there is less risk of losing your money. Training courses for novice investors can be offered to you by brokers. You can also use a trial investment, so you do not risk losing money and gain valuable experience in investing.
Going with your emotions
Acting emotionally can lead to ill-considered actions which lead to greater losses. You need to calculate the margin of how much interest you can lose. Suppose it will be 15%, and when the price has fallen to that value - withdraw money. Expecting the price to go up can lead to even worse consequences. Keep your cool - then success awaits you.
Fear of Loss
If you're afraid to take risks, it can lead to failure to reach your income goal. So don't be afraid to invest in moderately risky investments, and then success awaits you.
Greedy attitude to quick profits
Do not strive to get everything at once. Investing too quickly in risky securities can cost you a great deal. Don't choose assets based on profitability, choose those in which you have confidence.
Lack of diversity in invested securities
Buying a variety of assets ensures that you reduce your risk to a minimum. Because if you take all securities in the plane of one market, you will incur heavy losses in the event of a drop in prices in that market.
No strategy
Initially set a goal for yourself, what you want to achieve. For how long you want to invest, the level of risk, the final amount. Buying assets in the hope that everything will go by itself, you risk not achieving your goal.
Unprofitable buying and selling
Looking at success of other investors, a person who starts his business in investments, often begins to buy the same assets at maximum price, based on his emotions. Considering only the statistics of securities growth in the last year, if not months. And when the price decreases, he starts to panic and sell assets in a hurry, losing his income.
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