“A trader who didn’t make mistakes would own the whole world in a month.” – Jesse Livermore If you see a trader on social media who never loses on a trade, then run from them.
One of the common questions that every stock investor faces is “How many stocks he should own in his portfolio?” How many stocks are too few and how many stocks become too many? Too few stocks expose the investor to high risk that under-performance by a single stock would significantly bring down the value of entire portfolio.
Young individuals who have the interest and the enthusiasm for stock trading usually lack the basic domain knowledge of the market.
(1) ‘Doji’ A name for candlesticks that provide information on their own and also feature in a number of important patterns.