Newbie investors make these common mistakes while investing. Explore more in this story>>
Young investors often skip research. Smart investments begin with a thorough analysis. Research in-depth before you invest and stay updated with market news.
Stay rational, not emotional. Emotional trading leads to hasty decisions. Analyse and focus on improving your skills for smart trading choices.
Mitigate risk by diversifying your portfolio; too much concentration on one stock can be bad for your portfolio. Focus on different sectors while investing.
Trying to time the market perfectly is risky; focus on long-term goals rather than short-term fluctuations.
Overlooking risk management strategies can expose you to significant losses; stay updated with the market, keep educating yourself and manage risks efficiently.
Avoid chasing after hot stock tips; base your investments on solid analysis, not rumours. It is also important to know when to sell, not selling at the right time can cost you.