No matter who you are, you will make investment mistakes. I have made them too. I think we all have experianced market losess these days. (may be not all). We need to learn from those losses, move on & forget them.
some mistakes that we are doing,
1. Listen to rumors that cause panic
2. Lose patience
3. Listen to neighbors and friends instead of your financial advisor
4. Buy on credits when market is declining
5. Waiting untill the good news.
6. Following rally in the peak.
..................................................
How can we survive,
1. Do not Panic.
2 Do not lose your patience do not go for panic selling.
3. Do not let your dreams be washed away, keep dreaming.
4. if you can open a margin account open it, not to buy new shares, but to average your existing shares. Remember interest will not be charged untill you use it.
5. if you have money, go for fundamentals. ........,
Because end of the dark period not far away. Be patience with wide open eyes.
Last edited by osmand on Sat Aug 06, 2011 10:10 am; edited 1 time in total