Timing

The market is a murky place, and sharks—also known as people who trade for a living—swim in the infested waters. Do not be the crustacean. Unless you pay someone to do it (and maybe not even then), no one can really tell you the exact time to enter the market, and you will likely get different opinions. This is particularly true if you have a hazy goal in your head.

If you're asking questions about timing, chances are you have not done your homework. There are many 'number one' rules before trading, one of them is research. Spend time—and if you can afford it, money—to educate yourself about investing, strategy, trends and stocks.

You can also learn from the numerous free trading resources on the web. A review of recent and accurate market patterns should get you started and help you make an informed decision.