There are tons of strategies that you can use in the stock market.
Most importantly, you need to pick a strategy that you believe works for you, and then stick to it without ever changing it.
Many beginners make the mistake of constantly changing their strategies because they loss once or twice.
You must have discipline if you are serious about making money in the stock market.
When you are disciplined, you will know when to buy or sell your stocks no matter what the situation is.
A common mistake is that people would sell the stocks too early as soon as they see some profit.
Are you following a plan, or you are just selling based on impulse? If your plan is to sell the stock after it rises 10%, then do not sell it at 5%, but sell it at 10%.
Do you listen to people who tell you to buy low and sell high? Never listen to that because that will sure lead you to fail.
These people often times wait till the stock drop to an all-time low, and then they believe it will rise again.
You should look at Enron stocks when it was collapsing.
Did Enron stocks ever come back up? Do not be a fool to buy stocks like that.
Making money in the stock market requires an education.
Even veteran traders such as Warren Buffett are continually educating themselves to keep up-to-date with current trading conditions.
You will never know too much so keep on learning.