Made some losses investing in stocks and lessons learnt. I think due to the following reasons:

1. 'Does not really understand' what and why I am actually buying. Some are from tips, analyst recommendations etc. They will only tell you when to buy, wont tell you when to exit.
2. Does not have the time to monitor closely, and also the knowledge to reach a decision. Some people will said everyday just spend a few minutes look at the price, but you also have to know what each price level means, otherwise it is just numbers to you.
3. Most important. Did not set exit target (take profit and cut loss). Ended up just buy and don't know when to sell.
4. Since doesn't have a clear objective, I guess it also doesn't help in mitigating the emotional up and down looking at the stock price movement. Ended up making decisions based on gut feelings.


So after these lessons, I realized I'm not suitable to invest in stock market. So I go for unit trusts, but i guess this one is a story for another day as this thread is about getting burnt in investment.