They say only 1% of people actually succeed in the markets and the other 99% don't.
Here are 10 reasons why you might be losing money like the 99% ๐งต:
7th reason is a must read!
Here are 10 reasons why you might be losing money like the 99% ๐งต:
7th reason is a must read!
1/ Trading on tips and calls shared on Twitter and Telegram:
Following a random person on social media thinking that the accuracy is good.
Next time the person gives the call, you put in huge money without following money management and trade goes against you.
Following a random person on social media thinking that the accuracy is good.
Next time the person gives the call, you put in huge money without following money management and trade goes against you.
2/ Options (both buying and selling):
- Taking a heavy position in Hero Zero Trades.
- Buying options and that option price becomes half and you don't exit hoping for recovery and later it expires 0.
- Selling options in hope of Theta Decay and big move happens against you.
- Taking a heavy position in Hero Zero Trades.
- Buying options and that option price becomes half and you don't exit hoping for recovery and later it expires 0.
- Selling options in hope of Theta Decay and big move happens against you.
3/ Fraudulent schemes (IFS):
- Joining and following groups where admin assure you of guaranteed returns every day or every week.
- Some will lure you for doubling your money and giving hopes you to recover past losses.
It is same as "25 din mein paisa double"
- Joining and following groups where admin assure you of guaranteed returns every day or every week.
- Some will lure you for doubling your money and giving hopes you to recover past losses.
It is same as "25 din mein paisa double"
4/ Borrowed money or pumping in emergency funds:
- Trading on borrowed funds is highly risky. It creates a lot of pressure to generate the returns and return the capital.
- Also, using emergency funds in trading which creates additional pressure on you to keep it safe.
- Trading on borrowed funds is highly risky. It creates a lot of pressure to generate the returns and return the capital.
- Also, using emergency funds in trading which creates additional pressure on you to keep it safe.
5/ Illiquid stocks and options:
Most of the stocks and options are illiquid to trade. They have less activity and volumes. You might enter into those scrips but then won't find anyone to offload your position or maybe exit the position at inappropriate price.
Most of the stocks and options are illiquid to trade. They have less activity and volumes. You might enter into those scrips but then won't find anyone to offload your position or maybe exit the position at inappropriate price.
6/ Buying at 52wk low:
Buy stocks that are trading at low thinking "Itna gir gaya hai, aur kitna girega."
Remember, if a stock is down by 90% then it can go down by 90% more from that price.
RCOM, RPOWER, Suzlon would have traded at 52 weeks and now became junk stock.
Buy stocks that are trading at low thinking "Itna gir gaya hai, aur kitna girega."
Remember, if a stock is down by 90% then it can go down by 90% more from that price.
RCOM, RPOWER, Suzlon would have traded at 52 weeks and now became junk stock.
7/ Fear of buying at 52wk high
Not sticking with strong stocks and fearing that "It has gone up by so much and how much more it will go."
Stocks like MRF, SRF, Tata Elxsi have become multibagger by crossing its 52-week high.
Not sticking with strong stocks and fearing that "It has gone up by so much and how much more it will go."
Stocks like MRF, SRF, Tata Elxsi have become multibagger by crossing its 52-week high.
8/ Mixing Fundamental Analysis and Technical Analysis:
You bought a stock based on Technical Analysis and then if stoploss hit you resist exiting thinking it will recover. Then you check with big handles if the company is good or not.
You bought a stock based on Technical Analysis and then if stoploss hit you resist exiting thinking it will recover. Then you check with big handles if the company is good or not.
Then you can check fundamental of the company to make yourself convince to hold on a losing bet. Eventually stock goes down more and you end up blocking your capital or booking big loss.
Remember this thing, "The first loss that you take will be small, always."
Remember this thing, "The first loss that you take will be small, always."
9/ Following 100's of accounts with different views:
You start following accounts so many account on social media. You go long when someone is bullish and you go short when someone posted that he is bearish. Taking all random trades without any conviction.
You start following accounts so many account on social media. You go long when someone is bullish and you go short when someone posted that he is bearish. Taking all random trades without any conviction.
In the stock market only thing that matters is your own view and how you trade on that.
Rest everything should be treated as noise. Have a proper trade plan, where to enter, what should be the stoploss, and what is the target?
Then nothing will bother you.
Rest everything should be treated as noise. Have a proper trade plan, where to enter, what should be the stoploss, and what is the target?
Then nothing will bother you.
10/ The last one is following news and taking decision:
Just because the company posted good results, you buy the stock and then it starts falling.
Or maybe some ace investor bought a stake in a company and you enter in that stock and then stock doesn't move for years.
Just because the company posted good results, you buy the stock and then it starts falling.
Or maybe some ace investor bought a stake in a company and you enter in that stock and then stock doesn't move for years.
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