5. Stay Informed and Updated:

The stock market is influenced by a wide range of factors, including economic indicators, company earnings reports, and global events. Stay informed about these factors and understand how they can impact your investments. Regularly reading financial news and reports, attending investor presentations, and using investment analysis tools can help you stay updated.

6. Implement Dollar-Cost Averaging:

Dollar-cost averaging involves investing a fixed amount of money at regular intervals, regardless of the stock price. This strategy can help mitigate the impact of market volatility and reduce the risk of making large investments at the wrong time. It allows you to accumulate more shares when prices are low and fewer shares when prices are high, potentially lowering the average cost per share over time.