Mistake 1: Holding on to your losing stocks

Some people may hold on to their losing stocks for long periods of time, and this is due to different motives and reasons, but the main reason is the failure to get rid of those losing positions early.

Mistake 2: Leaving your winning stocks until they lose When you sell one of your stocks for a profit, you feel that if you had held on to it for a longer period, you would have made more money!

Mistake 3: Feeling psychologically attached to the returns on your stocks.

Mistake 4: Betting all your money on one or two types of stocks only.

Mistake 5: Believing that you cannot be organized and flexible at the same time.