You may be thinking “New investors? But I want tips for trading stocks like the pros!” And I get that. But the thing is, when beginners first start trading stocks, it’s best to play in the wading pool — and stay away from the sharks. And there are plenty of sharks in the stock market!

That said, if you are willing to be patient and only use money that you won’t need for a long time — and can afford to lose if things go south — then you too can start to play in the market. Gamble is probably more accurate than play, but let’s see if we can at least help you improve the odds of winning.

CAUTION: 

Stock prices can go up and they can go down.

And you can lose everything.

So be aware of the risk before you trade.

Rules for trading stocks for beginners

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Well, the real question is how to handle a stock market downturn and still stay sane! As much as we love to see the value of our investments continue to climb, markets do come down. And, they go up again. Eventually.

But when they do take a downturn, it can feel like forever waiting for them to come back up. And that’s what I want to talk about today. Some people get so nervous seeing their money go south, they want to sell and stop the bleeding.

And that’s usually NOT the smartest move. Thing is, if you haven’t sold it, you haven’t lost a penny. But that’s a hard concept to hold on to as values plunge.

Why you shouldn’t rush to sell your stocks

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