3 Huge Mistakes investors make when trading on the stock market

3 Huge Mistakes investors make when trading on the stock market - Basic of Stock Market Investing:

 

·         Do not buy what the news media tells you to. Too many people will buy stocks based on what they heard on CNN last night. This type of investing is risky. You should always decide for yourself with stock is the best pick.

 

·         Do not buy what a friend tells you is the next hot pick. This can be even more dangerous than relying on the news to make your investment decisions.

 

·         Do not overtrade. This is a mistake many professional traders will make. They will have developed a system that turned their $30,000 into $100,000 in 1 year. Then the market changes. They continue to trade their same way and lose it all in the next 2 months. When money is not easy to make in the markets do not trade because you will probably lose what you have now.