1. When investing also list the reasons for buying that particular stock. Revisit the list of reasons periodically and determine if the reasons you have purchased are still valid, if they are void then seriously considering closing your position.

3. Stay rational and take the emotion out of trading. I.e. dont think ‘Ill hold it that little bit longer and it’ll come good…’

5. Do not follow tips is a great tip! There has been many times whereby people have given me tips and I have lost money. You need to be the master of your own destiny and ensure that you do your own research, after all it is your hard earned money you are investing. If someone does give you a tip then that is okay but make sure you do the research and are happy that that company ticks the boxes.