Friday, November 7, 2008

Simple tips to lose money in stock markets..


1. Minimize profits and maximize losses.
2. Buy when all are buying and sell when all are selling.
3. Speculate in markets but never invest.
4. Invest in penny stocks to quickly become bankrupt.
5. Never research before investing in a stock. Always believe in brokers and tips.
6. Never try to know more about company and its fundamentals.
7. Invest in companies which are posting bad results.
8. Invest in sectors which are in downturn.
9. Always become sentimental with your stocks. Never exit them.
10. Always day trade but never invest for long term.
11. Never book profits in any stock even after reaching your target price.
12. Never set stop loss for your trades.
13. Always invest in overvalued stocks. Never try to know about P/E and PEG ratios.
14. Never try to learn from your mistakes and try to repeat them.
15. Never read books and articles on stock markets to gain more knowledge.

Thanks for the appreciation!

1 comment:

vijay said...

I like the point 6 and I do follow that... :)