Most people wanting to know whether or not the Stock Market is bullshit have probably dabbled in it somewhat and lost money. This will give them a negative outlook on the whole share trading business. Truth be told trading in shares isn’t for the light hearted as you can lose money, especially if you don’t know what you’re doing. That’s why I wrote a post highlighting some of the Mistakes You Can Make While Playing The Stock Market. I’ve been buying shares and day trading, actually it’s more like week trading, for several years and I’ve learned quite a bit in that time about what not to do and also a bit on what to do.
I’ve condensed a lot of my experiences into a post, which took me quite some time to write because I wanted to write it in such a fashion that it would help the novice trader. Sure, I’m charging a lousy buck to reveal the hidden gems within the post, but let me tell you, I would have paid so much more to someone just so I wouldn’t have made those mistakes. Why? Because having prior knowledge would have saved me many thousands of dollars and I would be so much better off today.
Some of the things I mention in the post include
- Paper Trading
- A warning about stock market software
- Exit strategy
- Penny stocks
- margin loans