It is really quite simple. The reason many traders and investors lose money, or end out with mediocre results in the stock market, is because they make too many mistakes. Either they do not recognize their mistakes or they refuse to correct them. It just seems easier to blame losing on something else. The best path to take is to examine your own trading or investing behavior. Then take the appropriate steps needed to trade with solid time-tested principles. One of the biggest mistakes an investor can make is holding on to a stock when it starts to go against them. Many people do not want to take a loss, so they wait and hope the stock will turn around, and begin to gain in price again. Often, the loss gets larger and larger, which causes great damage to their trading account. The best thing to do is…

July 25th, 2010
Money maker
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