The 20 mistakes not to commit in stock exchange!

What is the main difference between a novice and an experienced trader?
Only one, but sized: the experience.
The trader has already committed enough mistakes in his career, unlike novices.
To prepare the reader to the mistakes he may commit in the management of its wallet we have listed below a set of mistakes that you will make but that is certainly good to know to avoid excessive setbacks.
in stock exchange, it is not to avoid mistakes but to limit the consequences.

Error No. 1: Do not set sales targets
To reduce the psychological impact of your decisions when reselling your shares, it is necessary to set goals of sales as well in losses than gains.
These objectives may be modified the appropriate case .
Error No. 2: Yielding to euphoria or panic
The stock exchange is a matter of composure. Do not invest in a title under pretext that it rises.
The summer of 1998 was marked by an influx of orders on the New Market because of DSK contracts. Forgotten values ​​climbed several tens of% per day. Once the blow fell, the price of these Values has collapsed.
Similarly, the values ​​of the New Economy has successfully completed an unprecedented stock market performance in the first months of 2000. But the excesses have been corrected by other excesses.
Do not forget that professionals will tend to sell during periods of strong increases.
Error # 3: To believe that you have a supernatural power
It will happen at one time or another to have an unusual opportunity. Your ten to fifteen or twenty past operations have been successful in a very short space. Over this state of grace come quickly, the faster it will  fall. At each new blow winner, you will tend to increase the amount of your holdings and the same token your risk. Be aware that a beginner or experienced trader can not be right 100%.
The key is to know unwinding his position when it has been recognized to be wrong.
Error No. 4: Lose the value of money
It may happen in some specific cases that you temporarily lose the value of money. This situation is dangerous because it leads you to take risks more generally with great returns that are not always what you.
 (To be continued ... )