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It is good to be honest when relating with clients or customer or trading buddies because honesty is the best policy. The saying that a good name is better than silver and gold is true to a very large extent. Both dealers and brokers need to show a high level of honesty in their daily interaction with others in the stock market. An untrue statement, if traced to a broker or a dealer could erode the little trust and confidence the people has on such a person. Many investors have lost so much money as a result of deceit from their brokers. There are investors who choose to tell lies over their stock trading where they recorded loses. They strain to maintain balance that their trading is fine and nothing is wrong. Being truthful in the stock market and admitting mistakes and errors in analysis could make us do better and accepting the correct view point of other could lead us to profitability in stock trading. On the other hand, there are brokers who tell lies to their client to enable them sell out their portfolio even if unprofitable. A little lie from a broker to a client can destroy the future of that broker in the stock market. Some brokers' account may be facing disaster and yet the brokers paint a bright picture to deceive unsuspecting investor. Telling lies and hiding the true position of things could lead to suppressing your true feelings and this could lead to depression and eventual withdrawal and health crises. Apart from being dishonest and lying to others, being dishonest with your self is even more disastrous. If you are dishonest with yourself and lie to your self, you only succeed in deceiving your self and having a false impression of your financial position and your portfolio. This situation could be so damaging to the extent that you would not know when your portfolio suffers much loses to the extent that all equities become long term. For some investors, the only way out of these mess after terrible lose is to be out of stock trading for some time, to enable them have some time to reflect on their lies, mistakes and misleading information and promised themselves never to be dishonest to themselves again. To your profitable investment
Newton Oderhohwo is the CEO and senior investment and stock analyst of Stock Exchange Profits inc. member of investors intelligence group int'l and runs a periodic commentary on stock
investments and making money in shares.
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==== ==== Please check out Trading Pro Edge System for great tips on Stock Trading for Profit. www.tradingproedgesystem.com ==== ====