Steps for a Newbie in Stock Market


10. Monitor the Portfolio

This is a classic mistake made by rookie investors. Such people take investing so lightly that they forget how volatile the markets are. The moment you turn your back to the market, it might just turn on you. You don’t have to stalk the markets but keeping a regular check on your stocks is advised. If you have invested for a short period of time, monthly check-ups should be performed. If it is for a longer period of time, every other month is alright. If you perform online trading, you can also get market alerts on your phone. You can even subscribe for these. Only regular checks will hasten you to update your portfolio accordingly.