THE #1 MISTAKE BEGINNER STOCK MARKET INVESTORS MAKE!

61

Today we will be talking about the number one mistake beginning investors make in the stock market. This stock market investment mistake is following the market, or buying high and selling low. We have a tendency to do this as many stock market beginners make emotional investing decisions.

WHY WE BUY HIGH:
1. We see others making money.
2. We like to celebrate with others.
3. We tend to follow the leader.
4. Wall Street pushes the market leaders.
5. Recent events carry more weight in our minds.
6. Overconfidence in ourselves or an analyst.

WHY WE SELL LOW:
1. Avoiding what appears to be more risk.
2. A loss is twice as painful as a win is joyful.
3. Wall Street pushes the market losers.
4. Recent events carry more weight in our minds.
5. Lack of confidence in our investments.
6. Other people are doing it.
7. We are impatient and want something new.

Buying high and selling low, or following the market, is a losing strategy for any stock market investor. This is the biggest mistake beginner investors in the stock market make and it is also the most common one. In the words of Warren Buffett, we should be greedy when others are fearful and fearful when others are greedy.

Learn how to invest in the stock market…
FREE *STOCK MARKET* GUIDE: http://cli.re/6ZWnYR
Stock Market Mastery Course: http://cli.re/6JpAax

The books I recommend…
#1 BOOK I RECOMMEND (Wealth): http://amzn.to/2sncXrg
#2 BOOK I RECOMMEND (Mindset): http://amzn.to/2smXaIW
#3 BOOK I RECOMMEND (Happiness): http://amzn.to/2smO0Mv
#4 BOOK I RECOMMEND (Investing): http://amzn.to/2rsXWny
#5 BOOK I RECOMMEND (Tony Robbins) http://amzn.to/2vtNDAy

Follow me on other platforms…
Website! http://www.ryanoscribner.com
Follow me on Twitter! https://twitter.com/RyanOScribner
Facebook! https://www.facebook.com/ryanoscribner/
Snapchat! ryanoscribner

My equipment…
OLD CAMERA: http://amzn.to/2smXFCO
NEW CAMERA: http://amzn.to/2ymeocl
MICROPHONE: http://amzn.to/2t7kR7V
LAVALIER MICROPHONE: http://amzn.to/2u1j45q
TRIPOD: http://amzn.to/2qOSKZ5
SD CARD: http://amzn.to/2rttI3K
LIGHTING: http://amzn.to/2wsELQJ
ACOUSTIC PANELS: http://amzn.to/2s2ywjr

If this video brought value to you, please leave a like! If you are looking to find out more about anything I discussed, drop me a comment. Subscribe to be updated on my journey through life!

If anyone is looking to open a stock trading account, I highly recommend Robinhood as they offer free stock trading. I recommend them because this is the stock broker I use. Unlike traditional brokers, they do not charge commission on trades or require a minimum account balance. If you are interested in signing up, here is the link: http://cli.re/GRd3m5

This is an affiliate referral link. You do not have to use it. I make a small commission for referrals.

Interested in Bitcoin? Sign up for Coinbase with the link below and get $10 worth of Bitcoin for free!

Coinbase (Affiliate Link): http://cli.re/gBRjmV

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

CALL MY CHANNEL HOTLINE AND LEAVE A QUESTION!
754-666-3972 (754-MONEYQA)

(Send me something)
Scribner Media LLC
PO Box 641
Ballston Spa, NY 12020

20 COMMENTS

  1. I'm averaging 46 percent a year on my stocks don't believe I posted a video on this YouTube to show its real don't own more than 3 stocks or you can't get gains like me

  2. People invest in to many stocks trying to be diversifying which is stupid well at least that's what Munger buffet and Cuban say only own about 3 stocks for maximum gain

  3. what you dois start with 5% of your account, concentrate one stock, and as the stock is going down, keep adding within a period of time….timeing and charting is what its about.

  4. You described exactly what happened to me today. I saw a stock that skyrocketed and looked to continue that trend and lost my ass today with Trump announcing the Russia sanctions and trade negotiations with China. Everything I was in tanked.

  5. I'm a fairly new investor and I got a bit hammered when the "tech selloff" occurred. I had no idea what it was or why it happened. I kept thinking if money is being taken out because tech is "over valued" then how long would it take to reach previous levels/highs? With all the scares I simply sold a lot of my positions to wait for it to settle. Haven't reinvested my money thinking "what if they decided to have a round 2 or 3?". Anyways, I still don't completely understand this "sell off". Who decided it? Was it multiple banks/institutions? Algorithmic? If multiple banks/institutions decided to shift money in a timed effort then how is this not some type of manipulation? Any insight?

  6. I kind of wish you had a forum where we could all talk and run ideas, stock info, etc through each other. That would be an awesome idea to add to your website!

  7. how does this whole compound interest work.. like if I put 2000$ one year on a stock. the next year i put $2000 more and so on, and in20 years its not worth 40000, but something like 450,000$??

  8. Thank You for CLEARLY explaining this to the masses of sheep newbie traders. You're doing the general public a huge service and helping in keeping the average Joe from getting ROBBED by Wallstreet.

  9. Gotta love youtube not having an undo button…..accidentally deleted my comment instead of editing it to fix a mistake I made, stupid nerve-twitch.

    Good vid by the way….I'm too tired to rewrite the whole thing. 5-years, high-low difference divided by 20 on a range tick candle chart, triple red candle and below mid-range for buying, yadda yadda, best time, hold, don't panic, never sell, retire rich……something like that was the gist of it.

LEAVE A REPLY

Please enter your comment!
Please enter your name here