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- I am 100% responsible for my own decision. I have to digest those information or data for whatever tips, information, recommendation given by anyone, do my own analysis and make my own conclusion.
- I need to filter noises in the market. Need to differentiate facts and rumors.
- Be disciplined in my investment plan and investing strategy. Don’t get influenced easily by others.
- Learn from others and never stop learning.
- Don’t be hero in the market. I can never beat the market.
- Be firm when it is time to get out of the position and cut loses. (this is quite tough to me for the time being but I have made some good progress)
- Endure, endure, and endure! Wait for the right time to buy. (Now I start to understand what the trainer taught me: the toughest thing to do is to wait!)
- Invest what I can afford to lose.
- Don’t put all eggs into my basket. Diversify my portfolio but don’t over diversify.
- Don’t be greedy!