In the stock market some principles are indisputable. Let's review 10 general principles to help investors best approach the market from a long-term view. Every point is a fundamental concept every investor should know.
1. Sell the Losers, Let the Winners Ride
2. Don't Chase a Hot Tip
3. Don't Sweat the Small Stuff
4. Don't Overemphasize the P/E Ratio
5. Resist the Lure of Penny Stocks
6. Pick a Strategy and Stick With It
7. Focus on the Future
8. Adopt a Long-Term Perspective
9. Be Open-Minded
10. Be Concerned About Taxes, but Don't Worry
Source : Investopedia