Have you ever wondered that what are the differences between a Beginner and a Professional in the stock market which helps them make good money in the market?
- A beginner treats the Stock Market as a way to make quick money, a professional treats the Stock Market as a career.
- A beginner first invests, then worries about every price movement and does research, a professional first do research and then relaxes comfortably without worrying about every price movement.
- A beginner has a gambling mentality- either all or nothing, a professional takes calculated decisions.
- A beginner tends to risk everything on a single stock/trade, a professional manages risk to maximize profit.
- A beginner falls for a broker's or tipster's unsolicited advice, a professional does his own research.
- A beginner has small profits and big losses, a professional has big profits and small losses.
- A beginner only celebrates their profits, a professional tries to identify mistakes and learns with every trade.
- A beginner keeps repeating mistakes, a professional learn from their mistakes.
- A beginner buys when there is Euphoria and sells when there is Panic, a professional sells in Euphoria and buys in Panic.
- A beginner is nervous as soon as they take a trade, a professional remains calm at all times.
- Remember: Every professional was once a beginner.
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