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Trading Experts Dumb Money Swing Trading in the Stock Market Step 3: Learn to Avoid 10 Common Mistakes New Traders Make When Starting Out
- Trading Experts ... From Beginner to Professional Swing Trader
- Narrated by: Christopher C. Odom
- Length: 2 hrs and 47 mins
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Trading Experts Dumb Money Swing Trading in the Stock Market Step 3: Learn to Avoid 10 Common Mistakes New Traders Make When Starting Out
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Summary
If you’re reading lessons from Dumb Money that means that you finished both the Getting Started and What's Next books! Congrats on taking the road less traveled and actually focusing on learning first before trying to take on Mr. Market!
So far, you have picked up a few things along the way: why the broker doesn't matter, how much to start with, how to fund your account, how to grow your account, how to game plan, how to read charts, and some lessons we had to learn the hard way that you can now avoid.
Our goal of this book is to give you a peek behind the curtain of the 10 major misconceptions that Dumb Money traders consistently make. This way, you can avoid the same mistakes that 90 percent of the market makes each and every day. We will touch upon the importance of buying above whole numbers, why leverage and options are a curse not a gift, tax misconceptions, the allure of the long-term hold, how hindsight clouds your judgment, and much more. Hope you pick up a thing or two that keeps more money in your pocket and less of it in Mr. Market!
From Bennett Zamani and Matthew Pryzby.