Srinagar, Feb. 4 -- The Allure of Quick WealthMany are drawn to the stock market with the hope of becoming millionaires overnight. This mentality can lead to poor decision-making. It's crucial to recognize that investing is not a guaranteed way to make instant money. Instead, it should be viewed as along-term endeavorthat requires patience and knowledge.

Emotional TradingOne of the biggest pitfalls for novice investors is letting emotions drive their trading decisions.Fearandgreedcan cloud judgment, leading to rash choices, such as selling stocks during a market dip out of panic or buying into a hype without proper research. Understanding how emotions impact trading is essential for making rational decisions.

Lack of KnowledgeMany indiv...