Reported 9 months ago
Japanese media has compiled a list of the top 10 common mistakes made by stock market novices, who are often attracted by the 'small-scale tax-exempt investment system' (NISA) implemented by the Japanese government to encourage investing over saving. Despite the upward trend of the Japanese stock market, many newcomers are complaining about losing money due to their lack of experience. Major errors identified include failure to set stop-loss orders in a timely manner, missing profit-taking opportunities, buying stocks without researching their fundamentals, following trends blindly, and impulsive trading decisions.
Source: YAHOO