Accept the ups and downs in advance.

Don’t let a small gain make you crazy. Don’t let a loss put you off. The rule of the stock market is ups and downs. You will learn to turn the ups and downs into profits over time.

Digest the cost of waiting. Of course, this bill has to be digestible.

Earnings will drive you crazy, if you think you will always win, if you tie what you have to stocks, you could take a big hit and be miserable.