There's loads of starry-eyed people that like to start investing and drop hints to their friends like
'I'm in the markets'
'I monitor the markets'
'I read the companies fundamentals and judge its future earnings prospects' etc etc
The problem about this, it usually causes people to have the wrong mindset, that they are the smart ones in this 'serious business of making money' and then emotions start to come into play when they need to explain to their friend about how they go about the 'serious business of making money', which causes them to make the wrong choices.
There's plenty of blogs/strategy's out there that tells you how to 'look' at stocks, but not much about the proper mindset they should have, so here's a short list of stuff that I hope will help people alter people's mindset
Rule #1: Don't lose money
Pretty obvious but most people ......