10 Common Trading Mistakes New PSX Investors Make
- No research – buying based on a friend’s tip.
- Panic selling – selling during a 5% dip.
- Overconcentration – putting all money in one stock.
- Ignoring fees – brokerage, CDC, tax eat profits.
- Chasing social media “toofani” stocks – most crash quickly.
- No exit plan – not deciding sell price beforehand.
- Using leverage (margin) – amplifies losses.
- Overconfidence after a few wins – markets change fast.
- Trading too frequently – each trade costs money.
- Not learning from mistakes – keep a trading journal.
Data point: PSE users who completed 10+ virtual trades before going live had 43% fewer losses in their first 3 months.