Common Mistakes Most Investors Make (in buying and selling)

These are the mistakes you must avoid.

1. Stubbornly holding onto losses when they are very small & reasonable.

2. Buying On The Way Down In Price, Thus Ensuring Miserable Results.

3. Averaging Down In Price Rather Than Up When Buying.

4. Buying Large Amounts Of Low Priced Stocks Rather Than Smaller Amounts Of Higher Priced Stocks.

5. Wanting To Make A Quick & Easy Buck.

6. Buying On Tips, Rumours, Split Announcements & Other News Events, Stories Advisory Service Recommendations, Or Opinions You Hear From Supposed Market Experts On TV.

7. Selecting Second Rate Stocks Because Of Dividends Or Low Price-Earnings (P/E) Ratios.

8. Never Getting Out Of The Starting Gate Properly Due To Poor Selection Criteria & Not Knowing Exactly What To Look For In A Successful Company.

9. Buying Old Names You Are Familiar With.

10. Not Using Charts & Being Afraid Of Buying Stocks That Are Going Into New High Ground In Price.

11. Cashing In Small Profits Early While Holding The Losers.

12. Worrying Too Much About Taxes, Commission & Brokerage.

13. Speculating Too Heavily In Futures Because They Are Thought To Be a Way To Get Rich Quick.