Something is Amiss Here or Why New Traders get Slaughtered in the Stock Market. This article fully discusses why this happens. In my home, Stock Market Pilipinas www.

The above is just an excerpt. To see the complete post please visit: Why did you buy? Because I was told by so-and-so ….. I think the brokers also missed something here. When I opened my account with COL, I submitted my application to them in the afternoon.

My account is ready to be funded. The following day, I transferred some funds to the account and the same day it was already activated.

Not even once was I asked if I already have a background on the ins and outs of stock trading or whether I have attended a seminar about stocks. I think they should make it a requirement that you should have first attended a seminar on stock trading before they approve your application form so that new investors will be aware ….. What is amiss here is the gap in expectations by by both parties. The new trader or investor is over-eager to open an account in order to be able to trade immediately.

Just like in the above charts the new trader is impressed by the price action suddenly going up not aware that price action had been manipulated by stock market jockeys and operators probably in cahoots with the expert or guru.

This stock is going to the stars. The new trader blinded by irrational exuberance decides to GO ALL IN. I know a lot of new traders who had this traumatic experience and decided never to enter the market again. They say in Filipino: I hate the stock market. I will never do trading again for the rest of my life.

When new traders come to me for advice, I am quite stern.

As it is often said, Give a man a fish and you feed him for a day. Teach a man to fish and you enable him to feed himself for a lifetime.

Stock Market PILIPINAS: Empowering the Filipino Investors

In fairness to COL, they have very good seminars that for me is a must for new traders to attend. In the trading lessons that I will be sharing, I will be making reference to videos I have already posted in Stock Market Pilipinas.

Online Traders' Forum

I will post the lessons here by giving an outline the learning objectives and then you have to click the link provided to view the video. I suggest you visit Stock Market Pilipinas www. To refer a member to this board, direct them to http: Your email address will not be published.

The Responsible Trader "Trading Without Fear, Trading Without Greed". Something is Amiss Here or Why New Traders get Slaughtered in the Stock Market October 15, theresponsibletrader Leave a comment.

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