Firstly the bull is a buyer and the bear is “always” a seller.

The bull buys because he wants to make money, {don't we all?}.

The bear is more complicated and can sell for different reasons. This can be just to lock in a profit because he thinks the share price is about to go down

The most fearful of the bears sets the lowest price for the day. This is done by offering to sell his shares at this level.

In a “bull market” novice traders rush into every reasonable opportunity they can afford.

These trades are not based on good management or risk control.

Please try not to get caught up in this market hype. If you start to chase prices upwards there is a very good chance you will pay too much for them, only to watch the share price start to recede when the buying panic is over.

Sounds familiar? I know this one by bitter experience. The share price went down and still I held on hoping they would start to go upwards again. I went past my stop loss level {forgot to put one on in the panic to buy shares} Still telling myself it would retrace. It did but 2 months later so feeling very thankful I sold making a 7 1/2% profit.

Those shares today 2 years on are now worth 200% more. I was too frightened to buy back in again in case the same thing happened again.

That was a hard lesson to learn. Plus with that money tied up $2,000 worth, I missed out on a few bargains in those two months which would have made me a minimum of $650 profit more than if I had got out at my stop loss of 10% {{$200}.

After you have purchased your new stock, [at the best price possible of course] set your exit target price goal so you know how much profit you want to make when the stock has been sold.

Do not be greedy. Then set your stop loss into place.

Depending on the volatility of the stock keep a watchful eye on them .Try not to have too many irons in the fire when you first start off. One or two stocks are ample when you first start off.