1. Heard of a day trader making millions, or buying options is safe and can make you rich quickly
2. Beginner Luck in first few trades.
3. You will buy just to see the market reverse and you will short just as the market starts to rally. Someone is tracking my trades and making me lose money.
4. Most of your trades are done emotionally. You buy just because the markets feel strong without any logical reason
5. You have no clue how the mechanics and psychology of trading works. What’s worse? You are not aware that you don’t know.
6. Most traders will blow their entire account multiple at this stage.
7. Mostly you start your trading in fag end of bull market
8. You will spend more time finding a broker charging least brokerage.Tracking World Markets, Bitcoins instead of making a trading plan for next day.
9. A big majority of people will leave trading and blame the randomness of markets, or say markets are always manipulated
10. You don’t know what is short selling or have never tried it, no idea of stop loss as well
11. You are in the unconscious incompetence stage, at this stage, your capital is at maximum risk

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