Myths Stock Trading

A myth is defined as the belief in unproved or false collective that is used to justify a social institution.

Myths and false beliefs can have a huge impact on how and what we think the stock market and the impact on our business outlook, and ultimately, the way you shop and get results. What are the myths and false beliefs about the collective above the trading on the stock market?

The paper trade is the same as real trading, except that you are not using real money.

Although I am confident that the tests and the practice of the trade "book trade", I know that the book trade can provide a false sense of security. I've seen dealers who are "paper traded" and was relatively consistent, and went to the actual trading is "kicked their ass."

... And I was one of these traders!

This may dent their confidence and their integration into a downward spiral into the depths did not really want to go. This could mean the loss of much or all of your trading account.

The final price to pay is that you give up trading all together.

... Mmmm ... Maybe you thought your commercial paper should set you up so you do not need to have a bad experience you've heard other experienced traders.

.. Or maybe you fall into the category of "OMG" I know exactly what you mean. This happened to me and now I have fear and Running Scared especially when I go shopping.

"Why do not you try this strategy?

Paper Shop ... and commercial paper, and the trade paper. Trade paper until you feel that you have confidence in what we do not know, "you are ready for the real thing, knowing that the book trade is like learning to ride a bicycle with training wheels.

You build your confidence level over a period until you can slide around a corner with the best of them and beg Dad to hurry up and get the tools and the training wheels take damn! You have nothing to hold you back, you're more than ready!

Now the drive wheels are off.

You can head off the bike and ... oops ... you will crash and crash!

But if Dad is around to see, will ensure that the first attempt in the grass, take it easy and say only what can happen. Maybe if dad is not there, you decide that you can go to the top of the steep concrete driveway and down the hill, the traffic as quickly as possible. CRASH! Knee injuries, blood everywhere, bike loop ....... Should I continue? "