Newbie Do's & Don'ts

[mochi25]

SAtorino is SO RIGHT when he writes-the time to buy and sell is when you hate to do it-this is because we are all human and will follow others when it comes to something scary like investing our hard earned money-thus, when we feel it's ok to enter a buy because it looks like the stock has gone up enough to confirm our belief it is a good buy is exactly the time when those who bought earlier are going to unload their shares which will cause the stock to drop and you will hold on believing you couldn't be wrong after all that deliberation-so you hold on and hold on then when you think you've lost too much you will sell-know that human nature runs contrary to making money in the stock market!