What are some common pitfalls when people start trading stocks?

Before you even begin trading, there is plenty of preparation you should do. Starting to trade stocks without being properly prepared is a big mistake. The stock markets are not disappearing any time soon and you are not missing out on anything by taking some time to make sure you are fully prepared before actually starting out. You should ensure that you fully understand the workings of the stock market, the different investments you can buy and sell, the various trading styles and the strategies that can be used. You should also determine how much time you will be spending on trading, where and when you will be doing your trading and also make sure you have the necessary equipment. Do not make the mistake of failing to prepare - good preparation will give you a solid platform to move forward with stock trading.