InvestorQ : What are the common mistakes in investing stock market?
simran Kaur made post

What are the common mistakes in investing stock market?

Answer
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Ishita Jain answered.
2 years ago


WRONG Decision -Buying stock at tops when the market at its peak and selling when market it is at the lowest point. Rather, it should be vice-versa

NO KNOWLEDGE- Wrong decisions happens because one either has no knowledge about the market or company or industry

BUYING ALONG WITH CROWD - Generally, it is sen that people buy after getting persuaded by others.

IMPATIENCE- Every company have a growth cycle and all differ in terms of years to achieve every phase. So one should be patience enough and hold if invested in good potential company.

FALSE EXPECTATION- The biggest mistake is when one invests in stock with false hope of doubling the amount or to become a Millionaire.