If you are a beginner investor, mistakes are inevitable. They can be very expensive and generally deprive you of the desire to continue to engage in investment activities. Try to find a qualified consultant. It can be: your agent, personal manageror any of your acquaintances with experience in investment activities.
It is much easier to protect yourself from mistakes by setting the goal of "not losing” the first, and "earning” the second. Those who put them in reverse often do not reach the first or second.
An analog of the previous rule from a different angle. A statement that is quite common at the household level: "it’s better to do it and regret it than regret that you haven’t tried it”, it works in the markets exactly the opposite: "it’s better to miss the opportunity to earn money than to riskand get losses,” because most markets lose, and the probability of losses is much higher.
If you are at a loss to make a decision, choose the least risky option.
If you are in a state of mental arousal, depression, apathy, etc., postpone decision-making until the moment of stabilization of the psycho-emotional state.
Never hold all funds in one company, and the entire portfolio in one account. There is always a risk of losing funds for one reason or another - do not let this loss become critical for you.
So it will be much easier for you to evaluate the results, see errors, work on them and make, subsequently, the right decisions.
Those indicators that can be accurately measured, always evaluate accurately: this will save you from many mistakes.
Losses occur to everyone, and they are inevitable. It is often much easier to determine how much you can lose than how much you can earn. And if you lose a deposit, you will no longer be able to earn on it by definition. Always build on possiblelosses, not revenue.
Unfortunately, most long-term systems with clear risk management involve systematic losses and long periods of near-zero profitability (flat). By stopping investing in an account that is in a long flat, you risk not getting a return,, which may be very soon.
In most cases, the receipt of income from week to week by the account is a sign of the use of aggressive methods of Money Management, which carries a high hidden risk. In such accounts, you run the risk of getting big losses at the most unexpected moment.
Investing is a lengthy process, and investing in such accounts with a probability of 99% results in losses over several years.
During the release of important news (Non-farm Payrolls, FOMC, meetings of the Central Bank of different countries) there is an increased risk of losses due to increased volatility of instrument prices. Try to avoid investing in aggressive accounts during such periods of time.
Calendar of economic events can be found here.
Any work in the financial markets is associated with the risk of losses, up to a complete loss of funds. Do not risk borrowed funds.
Any work in the financial markets is always associated with the risk of losses, up to a complete loss of funds. Do not risk funds, the loss of which can drastically worsen your financial condition, risk only a certain share of available funds.