The stock market is often seen as a place where you can make easy money. But the reality is that investing in stocks requires time, discipline and a systematic approach to investing. It also requires patience and a long-term investing horizon.

It’s easy to get lured by the promises of speedy returns and a quick fix but the reality is investing in stocks is a lengthy process that has many fluctuations and ups. The long-term investment can bring significant benefits. Here are some share market strategies that novice investors should be aware of before they start.

Don’t be a Jack of All Trades

New investors often make the mistake of jumping from one strategy to the next. This is a costly error, especially for those just beginning out. For instance, some newbies try to be a “jack of all trades” by converting from selling and buying short-term investments (options and futures) to investing in US stocks. But this could be risky and costly due to the high amount of charges for transactions, exchange rates, and charges for currency conversion.

Instead, stick with one investment strategy and focus on the long-term value of the stock of a company. Avoid overreacting to events that are short-term and paying attention to price fluctuations, and make sure to monitor your stocks at least once every quarter (or when you receive quarterly reports). Don’t get caught up in the hunt for the next big thing.