welcome to the world of shares man. It’s fun but can be daunting at times lol.
my personal advice for a beginner is to just not freak out when you see the price tank. Or your overall position in the red.
companies and shares are pretty resilient and almost always bounce back sooner or later.
so do your research on the company you’re investing in and try not to get FOMO because you think it’s going to sky rocket and then you buy the share high on the way up, because it almost always pulls back after the initial excitement of an announcement (unless it’s a game changing announcement)
if you decide you dont like a stock because it’s tanked a bit, hold onto it until you atleast break even or it bounces back.
you will lose money if you always get scared and sell the second it tanks.
it’s very basic advice and some may disagree, but it’s always worked for me, i buy more for long term in companies i believe in... kind of like a savings account... but better haha.
goodluck mate, have fun, dont stress too much.
CPH Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
