1. Never fall in love with a share. Did it once and i regreted it.
2. Always have a stop loss.
3. You are in to make money period. As one American trader nicely put it 'if you care too much on how much you are going to make and how, someone else is actually making the cash and he doesn't care about who is losing it'
Always ensure that you have the cost factor in your mind when investing or trading. For example bought Kq at 33 (real price-33.693) sold the same batch at 37.5 (real price-36.7125) gain 14% (real gain 9%). While others i bought with are still holding i'll get back in at 34 ( real price 34.714). As opposed to one who waited i made an extra 2 bob and i still believe on Kq's fundamentals as a long term investment.
All in all always understand what you are investing in.

Amen to that. i will watch and wait

1. What is the ideal number of counters to hold.

well Lesson no.2; Stop loss system.

Well in my short life span at Wazua i have learnt quite a lot on trading in the stock market. Previously i was just investing(stocking up money in the SE)

Well this is my lay man understanding so far:
1.Choose a stock with a high dividend yield and a low p/e ratio. (thats all av managed to learn so far on stock analysis)
2. in a bear market; buy in portions as the market is going down
3. you can never predict the bottom out /top of the market
4. people will tend to buy when the market is going up and sell when its going down
5.In a bear market; emotions reign high @ Wazua