Sunday, July 5, 2020

What makes a good beginner in stock market?

July 5, 2020

Introduction

It is such a great topic for me to write. What is 7 things I like to be a beginner of stock investor. Really work hard my mistakes as a beginner, and look into how to fix it whenever I can. 

My mistakes

I did set up over $12,000 positions when SPX above 3200, fully recovered my over $20,000 US/ Canadian dollars loss. I just purchased those stocks. Most of them I bought the first time in my life, and I had chance to learn those business. 

Also I have to learn to deal with market losses as well. 


I have to work hard and do some research, and put together to fix my mistakes. I saw the gains from $3000 US dollars to $1000 dollars since I held those positions I purchased at highest price. 

I was afraid to miss out. I learn the behavior finance. This is such a great lesson for me to learn, and stay humble. Nothing can change, I can not hide as a naive stock investor. 

I also am lucky to understand my personality. Fee stressed and anxiety. Learn to accept myself. I will fix the problem. 

At least $1500 US dollars loss.


The loss is $1619.53 + 689.42 = $2308.95 US dollars.

I am the beginner to learn that my decision was wrong. I did not understand the market and high inflated price. I have to learn time the market, and get in when SPX is below at least 3000.


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