We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar.

Trading Mistakes to Avoid # 1

It is a known fact that stock market is a sure thing, a guaranteed way to make money. But people lose money in market and same can be attributed to the common trading mistakes to which people are prone.

As a thumb rule never change the trading style mid way during the course of your trading as it is a sure shot recipe for disaster. We are giving this as a number one trading mistake as new traders or as a matter of fact beginners in stock trading are more prone to committing this mistake.
  • They come to market for Intraday trading.
  • Market reversal is the order of the day and now it suddenly reverses trend.
  • The trader starts panicking as trader has started making a loss.
  • Panic Button is Pressed by the Trader and now Hope Sets in the mind.
  • Hope factor asks trader to hold the trade overnight and does so, thinking that stock may rebound tomorrow. Vow ! now a "intraday trader" has become a "Short-Term" trader. Now here trader has gone drastically wrong.
Make sure that you do not change your determined course of action during the course of the day and for that you must have intraday trading plan in hand before the commencement of the market.
Always remember that a falling stock is like a falling knife and as soon as you start giving room to a stock by giving more space to stop loss; you are inviting a sure shot hefty loss in the market. Thus never let ‘Hope’ override your trading plan and stick to it. Thus go by the advice of the professional traders and “Plan the trade and then trade the plan”

How to avoid this mistake?

If as a trader one has identified the mistake than help is at hand and solution for this trading mistake is very simple and same is as elaborated below:

Be ready for two consequences of trade on entering a trade:
  • The Trade Goes in Your Favor and in such a scenario, it is a “Balle Balle” situation as you have to stick to your profit booking plan and not let greed overpower you.
  • The Trade Goes Against You. This is a tricky part and a novice trader or as a matter of fact any trader has to be ready with a trading plan in hand and if you can follow the same in letter and spirit, than all worlds wealth from stock market is available for you to take home. Thus an Exit Plan is to be ready with you and execute the plan like a machine. Remember that stop loss is your friend and not your enemy and if it is hit, just close the trade and move to another trade as per trading plan. However at the end of the day do analyse the trade where you went wrong. Get away from loss making trade at the earliest as your body provides the first indication whether you are going to make profit or not in the trade.

Most Visited Stocks - Click to Visit Link


"First off all, I just want to say that your service is excellent – by far the best tips service I have encountered and quality of your Jackpot tips is really good and noticed that now I am getting daily profit. I can say that it makes a difference to choose the correct tips provider and it was my luck that I stumbled on your website."

- Rajesh


We Compliment you for becoming a part of mega family of more than 12 Lakh Smart Traders who are getting benefitted with our services worldwide. We assure You that we will deliver more than what we promise. Do remember to leave questions and Feedback. Your Success is Guaranteed with us!

You can Contact us through Contact Box provided on website or Email at info@indian-share-tips.com. You can make Online Payment through Payment Gateway installed on the website as we offer you the highest standard of security currently available on the Net so as to ensure that your online transaction is Private, Safe and Secure.

We Teach and Train our Clients as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training. We do not provide any stock tips. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9