New Traders' Mistakes A Guide to get rid of Common Mistakes by Lalit Mohanty - Softcover

Mohanty, Mr. Lalit Prasad

 
9798872937494: New Traders' Mistakes A Guide to get rid of Common Mistakes by Lalit Mohanty
Softcover
ISBN 13: 9798872937494
Publisher: Independently published, 2023

Synopsis

New Traders' Mistakes A Guide to get rid of Common Mistakes by Lalit Mohanty

Table of Contents

Chapter 1: The Rush to Riches

  • Understanding the importance of patience and realistic expectations.
Chapter 2: Ignoring the Basics
  • The significance of a strong foundation in market fundamentals.
Chapter 3: Overlooking Risk Management
  • How inadequate risk management can lead to devastating losses.
Chapter 4: Chasing Trends Blindly
  • The dangers of following market trends without proper analysis.
Chapter 5: Emotional Trading
  • Managing emotions and making decisions based on logic rather than fear or greed.
Chapter 6: Lack of Research
  • The value of thorough research before making any trading decisions.
Chapter 7: Neglecting Technical Analysis
  • The role of technical analysis in identifying entry and exit points.
Chapter 8: Overtrading
  • The pitfalls of excessive trading and its impact on long-term success.
Chapter 9: No Trading Plan
  • The importance of a well-defined trading plan for consistent results.
Chapter 10: Falling for Hype
  • How to distinguish between genuine opportunities and market hype.
Chapter 11: FOMO (Fear of Missing Out)
  • Overcoming the fear of missing out and making rational decisions.
Chapter 12: Poor Record-Keeping
  • The necessity of maintaining detailed trading records for analysis.
Chapter 13: Lack of Continuous Learning
  • Staying updated with market trends and continuously improving skills.
Chapter 14: Trading without Discipline
  • The role of discipline in executing a trading plan consistently.
Chapter 15: Inadequate Capital Management
  • Allocating capital wisely to withstand market fluctuations.
Chapter 16: Trading Against the Trend
  • The risks associated with going against prevailing market trends.
Chapter 17: Ignoring Market Sentiment
  • Incorporating market sentiment analysis for better decision-making.
Chapter 18: Dependence on Tips and Rumors
  • Relying on verified information rather than market rumors.
Chapter 19: Impulsive Decision-Making
  • Avoiding impulsive decisions that can lead to regrettable outcomes.
Chapter 20: Disregarding Global Events
  • Understanding the impact of global events on financial markets.
Chapter 21: Unchecked Leverage
  • The dangers of excessive leverage and its potential for huge losses.
Chapter 22: Trading without a Safety Net
  • The importance of having an emergency fund for trading uncertainties.
Chapter 23: Neglecting Personal Well-being
  • Balancing trading with physical and mental well-being.
Chapter 24: Blindly Trusting Experts
  • The importance of critical thinking and independent analysis.
Chapter 25: Staying Resilient
  • Developing resilience to navigate the inevitable ups and downs of trading.

"synopsis" may belong to another edition of this title.

Publisher
Independently published
Publication date
2023
Language
English
ISBN 13 
9798872937494
Binding
Paperback
Number of pages
105