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8 Things I learned from the Stock Market

October 4th, 2007 by Administrator
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Our guest post today is from Kelvin Lee.  He enumerates what he learned when dabbling in stocks.  The post has been paraphrased, and you should go to his blog to read the full story….

8 Things I learned from the Stock Market

I jumped into the stock market because I thought I
could make a killing. Instead I think the stock market is killing me.
Not literally of course. Just mentally, emotionally and a little bit
financially.

Plus I learned some
lessons which I am now sharing with you. So it wasn’t a total loss. You
can use these lessons in everyday life too, and you don’t even have to
go to the stock market and spend money to try it out.

1. Never Ever Trust Rumors.

2. Don’t go against Trends.

3. Buy Cheap. Sell High.

4. If it’s too good to be true, it probably is.

5. Don’t let sentiment rule your decisions.

6. Don’t buy on a whim. Research. For goodness sake, RESEARCH!

7. Learn to accept loss, learn and then move on.

8. Don’t let “what ifs” get to you.

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One Response

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