1. The stock can’t go any lower. How much can the stock go lower.
A LOT!
2. Its gone this high already, how can it possibly go higher
A LOT.
3. Eventually it will come back
No it’s not true.
4. Its only $3 how much can I loose.
5. The business can’t get worse. This business is terrible you should buy the sector.
Yes, it can.
6. If it gets back to $10 I’ll sell.
7. I own conservative stocks.
No, they can still fall a huge amount.
8. Avoid worrying over the stocks you don’t own.
You cannot loose money in a stock you don’t own.
9. I miss that one I’ll catch the next one.
It usually doesn’t work
10. The stock has gone up it must be right, the stock has gone down it must be wrong.
I have never broken even on a long shot.
