When you are a novice investor in the stock market, many unfamiliar terminologies are thrown at you. You know how volatile the stock market can be, so the fear of losing your money can leave you paralyzed even before you have started investing. However, the good news is that if you are well informed, you can ace the stock investment game even if you are a beginner.

If you are just waiting for the right time to take the plunge into the market, you must know that there will never be a right time to invest or the right stock to invest in. Here are some important tips for stock investors who are planning to invest for the first time:

• Have long-term goals
  Are you investing in stocks to secure your future, or do you want the returns in six months? What will you do with the money? Build a home in the future? Pay your college fees? Develop an estate for the beneficiaries? These are only some of the questions that can double up as important tips for stock investors. In other words, you must know when you will be needing the returns and what the purpose of your investment is. If you need the returns in just a couple of years, you must start considering other options for investment as stock markets are extremely volatile. Also, there is no guarantee that you will get the funds when you need them, so it is best to invest in stocks only if you have long-term goals.
• Do not sell or buy stocks frequently
  This is a classic rookie mistake that most beginners make. They trade their stocks too frequently on the basis of information shared on television or advice that they get from friends and family. These suggestions can make you feel the need to sell your current stocks and buy what is being recommended, but this may not benefit you in the long term. Also, trading stocks too frequently will only make your broker richer since they will have a trading fee attached to every transaction you make. If you sell and buy regularly, the benefits that you get will be very small as compared to the losses that you will have to bear, so avoid doing that.
• Don’t panic if the shares fall
  One of the most important tips for stock investors who are investing for the first time is to not panic. You should understand that stock market investments are for people who are ready to experiment and take a risk with their money. So, when you are a beginner, the constant fear of losing money can make you lose your calm, driving you to make wrong moves like selling the shares at a low price. You must be cautious of every step or decision you take, and you should also know how to calm your nerves if the market goes down.