Do not take advice:
OK, this may sound odd since this is an article that advises about investing in the stock market but trust me if someone tells you to do something directly then it is not good advice. Real advice should show you the options and let you choose between because a perfect stock for everyone and every situation does not exist. Also, many people try to manipulate small stocks by giving “advice” to beginners.
Do not rush:
You may find a share very impressive but don’t hurry, take your time to think about it and wait for a better price. In addition, don’t panic when a stock you hold drop dramatically, just think before you do. You won’t be missing anything in hours or even in a few days. Time is your friend, don’t race with it. You may plan for different scenarios and try to follow rules in order to not panic and rush.
Do not invest with money you would need:
Some things might not go well as planned and your shares might lose value in the short term due to a crisis. Therefore, you might need to hold a stock maybe for years. In fact, most of the time long-term stock hold would be more beneficial than short term investments. So the money you reserve for stocks must be unneeded.