What are few common trading taboos?

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William Cummings
Answered 3 years, 1 month ago
<p id="isPasted">The most common misconception about trading is that it is easy. You are going up against professional traders when you are trying to take money from them, and they are trying to take money from you. Some areas of trading are zero sum, and those become the most difficult areas to trade and consistently win.</p><p>Running a very close second behind ‘that it is easy”, is getting rich quickly with very small amount of capital.</p>
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Albert Buchholtz
Answered 3 years ago
<p id="isPasted">The most common misconception about trading is that trading is easy. Just download platform, fund your account, check some charts, make trades and you are rich. Bullshit!</p><p>The tough truth is that trading could be very painful and even ruin your life.</p><p><br></p>
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Richard Cross
Answered 3 years ago
<p id="isPasted">These apply worldwide really. I have many clients from India, and I am not sure that there are too many India-specific ones:</p><ul><li>The stock market is just for the rich</li><li>It is unsafe</li><li>You can beat the market</li><li>You can time the market</li><li>There is a connection between GDP growth and markets</li><li>You should only invest in your home market</li><li>It is risky</li><li>You can predict markets</li><li>You can make easy, quick money, in the stock market</li><li>You can beat the market listening to CNBC and Bloomberg</li><li>You can’t get wealthy from investing small amounts. You can if you are …</li></ul>
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Harvey Brown
Answered 3 years ago
<p>Stock market is considered equal to gambling in normal person's/ layman's language however this is not absolutely true because those who burned their fingers trying their luck spread this rumour.</p>
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Christopher Campbell
Answered 3 years ago
<p>I have seen many people who consider stock market as a business/ as a source of steady income which is not possible coz markets are volatile , you may end up making 3x returns in one day or 50 % loss next day .</p>
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