Why Many Traders Don’t Improve Rapidly
It just does not happen in the field of the stock market, but in fact, in any area. When we start broking in the stock market, we feel as if we know nothing and the figures and graphs in front of us, guide us to learn everything. It is the incidence in the beginning. However, as the time goes, we learn certain things, and we learn something, definitely out of it.
Unfortunately, after we get familiar with the stock broking concepts, and making a little understanding of when to buy the stock, when to hold and when to sell of them, we tend start thinking that, yes, we mastered in this field. That is literally, the end of the growth for the young stock traders. It is very easy to get into the comfort zone and dwell in the area for the entire life. The young stock brokers may sustain for the whole life, in the same comfort zone, but the dangerous effect of it could be that the rate of growth can be a horizontal line and when we don’t get updated time to time, there can be a new update, which you are unfamiliar and can stop the horizontal line altogether. We get stagnant when we don’t grow.
There is another dimension of looking out the same thing. The other aspect of the comfort zone is taking more risks. The risk is a critical factor that should be considered in the stock trading. When the stock trader does not risk and start holding the stock, there is no trade, and there is no business happening for him or her. On the other hand, when the stock broker takes too risky decisions, there could be immediate dangers of losses. There are many stock traders, who are risk oriented and tend to make the decisions instantly, and that is another way of danger, affecting the trade of the stock. When the person goes too risky, eventually, the consistency of making the number of hits in the stock market gets affected. Finally, the graph of the growth looks very fluctuating.
When either the ways are blindly followed, the curve of growth gets affected. There must be a trade-off in between the going with risk and staying in the comfort zone while taking the decisions of buying, holding and selling the stocks in the stock market. Make the decisions, don’t delay to make the decisions, but double check, triple check the choices you made and then execute. You are the only person, who can justify your decisions and have to experience the fruits of your decisions.
Many trading secrets are usually, unexplored and unexplained in the open public. However, these are the secrets and facts that could be familiar through the experience. Keep going with less risk and never dwell in the comfort zone and that ends your growth in the share business.
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