It is estimated that both novice and experienced stock market investors alike lose up to 90% of their investment.
Trading too much, not conducting enough research, averaging your holdings, and relying too heavily on recommendations are some common mistakes made by intraday traders. Many day traders have suffered losses as a result of these errors. 90% of intraday traders experience financial losses.
You should stop trading right away if you find yourself in debt or unable to support your daily needs. This is a key indicator that it's time to stop trading. Unlike a job where you receive a defined salary each month, trading does not have a set reward.
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