Ep 146: 12 Common MISTAKES Beginners Make in Stock Trading

The hardest part is when to take profits.. and when to sell a losing stock.. also regrets not buying a stock you had been following and the one you bought was a dud..

Steps
4= 7= 9 indicates same concept
Don’t blindly stick with one continuously even going through losses

Thank you for your video

Thank you

Very good

The 12th mistake hit home with me… so true, so true.

Guilty of number 5. 7 more to come so who knows : )

Thank you that was very informational … 🙂

Thank you very much Sasha, very well done, I'm new to trading but this gives me something to focus on, Thx again.

Drinking alcohol and day trading is an awful combo.

#1believing the Market is easy.
Iam newbie and that's what I was thinking until I saw this video.
But my question is if we buy blue chip stocks at one price and sell them for profit next few days( could be few cents or dollars) everytime, then will you still lose money?

Very true indeed..!

YES…. CUTTING LOSSES…. WHY TURN A WINNING TRADE INTO A LOSING ONE? profound

Loved this video. Very good advice. Thank you.

Having a plan is KEY. It has helped me manage risk, take profits, and cut losses.

Well put

love this dude

Oh wow. Bears are negative? I like bears. I would've thought bulls were negative. That's what I was told all my life because I was born in the month of the bull.
I don't know HOW to plan a trade. I really wish Eric were here now. He was VP of his company before he turned 30.
Bras, panties & underwear. LMFAO

Too true brother, i would say trading is close to 95% controlling your emotions. theres some good emotions and some are not. but all of them are good if you realise its a warning to get out of a trade or to not start one.(this takes many times making mistakes to learn, so don't beat yourself up at a loss just mittigate your losses expecting to learn)… the learning comes hand in hand with controlling the emotions and the learning will help you understand the emotions.

i dare you to show your trading results live in a video

Your amazing so easy to understand,clear and precise.Thank you

I wish I found your channel sooner. Great content, great attitude. Cheers.

I enjoy Sasha's videos. He is concise and does not waste time on unnecessary rambling. He's great. If you are like me, and like more direct information then I recommend increasing speed to 1.25x or 1.5x. Same exceptional content by Sasha but even faster so that you can be more productive with your time.

i understand long term investing. but wouldn't you need big capital to play that game. i would think day trading or swing trading would help you develop the skills to picl a good stock, as well as get you the bank roll to execute.

Sasha, your channel is very underrated. You go into the psychology behind trading which is one very important aspect of it. The analogies are very good.

also dude you didnt stumble one time. You are a great salesman!

I like it, I love it, I want some more of it.

Love your video..just subscribed!

Great video. Fully agree about #5 I learned that mistake the hard way.

You sir is THE real deal

Thank you sooooo much! You are awesome, helpful, real and informative. 🙂

I am really enjoying your instructional videos. Thank you

you just described me in one video lol

Okay, its official, I'm a fan. Thank you for all the knowledge Sasha! What are some of the common ways day traders organize and track their trades? If I'm remembering it right, you had a video about a web based service a bit back, but I'd prefer something offline. Something about having all my trades i.e. financial information stored on a website seems strange to me. Any additional advice for creating a trading journal is welcome. Otherwise, thanks again!

bollinger bands, regression channel, fractal trendlines, not giving away any more, lol, all help, get on train in the same direction as it's going and get off earlier than most, that's not easy.. Also can hedge, so oh no my reits, well buy REK, short the reits, done that few times now, pity got out too soon though, should held. And why you, as you talk now, about those going bust, why you, erm, do not go all in, if go all in and apple went down and went bust more fool you. got to be careful. Nothing wrong with being attached, plenty on seeking alpha love O Realty Income, chance you take, investing, cool. If you trading, like think you mainly only on about then yes you are right…. :). but spread your risk… no good being all in one or two companies only, sure riskier. Anyway interesting stuff, and like listening to your level head on these things. Can always pick up odd tid bits, but learned a lot else where and through my own experiences.. Never do margins, never do long and puts, just buy…. Do at right time, and mostly works out ok :).

i disagree with some, take WDC, terrible, came right down, now right back up…. Investing long term, different from trading. Otherwise I agree, that's the trouble when I see advise like this, similar to this online. Often people arguing on stockwtits or else where… I always think the person, like you in this instance should clarify that. If investing for 10 years or more, not so much a problem, people that say lost all my money is nonsense, because if had it all in bear sterns in 2008, whenever it was, yes, but if in many companies like me, chances of all them going bust, well, be end of the world practically. Otherwise yes I agree. Trying to trade more, instead doing what done last couple years since started in April 2015, making 90%, why cause i hold and average down and always worked, only ever lost small bit, likely 5% actually, cause I chose to, morally, did not like that stock anymore etc. But now I am trying to say buy and sell half or more and let rest ride out. My trouble been day trading it, instead swing trading. Take TTEC, doing nothing, finally got tired, sold for few bucks, shot up higher, lol. always the same, if I hold, seems to go down, and if i sell it shoot up more. But I'm not a greedy person for one. For two, well, made something, and so, you know, learning as I go, and putting my new system in place and back testing and knowing the stocks that give me 80 to 90% chance that when I buy goes up next morning etc. My trouble has been patience and discipline, lol, two of the biggest things one needs in stocks that's for sure.