Don’t be tied to your stocks

i. Don't get emotionally attached to a stock:
If you become emotionally attached to your stocks, you'll end up paying with losses. There is no exact science to know when to sell, only indicators can give us clues. Remember to keep a clear head when evaluating stocks and don't become emotionally attached to them.

ii. Be ready to jump away from trouble and be ready to seize opportunity:
One should always look for better opportunity. All moves should be made only after a careful assessment of the odds for and against, and no move should be made for trivial reasons.