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This Week's Lesson: Saturday, May 23, 2015
5 Mistakes to Avoid for the Rest of 2015

Some just starting out in the stock market can blindly fixate on the opinions and headlines out of the financial media without doing their own research, so MoneyShow's Tom Aspray shares five mistakes for traders and investors to avoid for the rest of 2015.

As I suggested before the 2014 holiday season in A Six-Point Checklist for a Profitable 2015, taking time away from the markets is essential for the mental health of all investors and traders. It doesn't matter whether you are a professional trader or a beginner, watching the markets 24/7 without a break will inevitably dull your analytical abilities.

In that trading lesson, I reviewed some of the technical approaches that I have found to be the most reliable over the years. The goal was to reduce not only the number of losing trades but to avoid those trades or investments that could seriously damage your portfolio. Everyone has some losing trades and incorrect market forecasts but the explosion of available financial data on the Internet has created new problems for many traders.

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