EToro’s 6 Common Investing Mistakes

EToro’s 6 Common Investing Mistakes

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EToro has released an article highlighting 6 common investing mistakes that all traders should try and consider before executing any trade. The article was written by Joseph James Milazzo, who has been trading with EToro since 2016. The list goes as follows:


The first investing mistake people make is trying to time the market. He goes in greater detail why traders shouldn’t try to time the market, as it is extremely challenging to predict. The second mistake is not understanding what you are investing in. This may seem self evident to some, but judging by the ICO craze of 2017, it is clear that many investors have no idea about the fundamentals of their investment. The third mistake is making emotional investment decisions. You should never be emotionally tied to an investment, it should be strictly financial and technical.


The fourth common mistake is waiting to break even; sometimes you just have to cut a bad investment loose before you suffer greater losses. The fifth most common mistake is not diversifying your portfolio enough; as the saying goes, don’t put all your eggs in one basket. The final common mistake is not using stop-loss orders; always protect your trades!

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