Recently I became interested in the occult (specifically chaos magic) and I have read some information about it on some other sites.
The main caution was about the danger of Paranoia and Meglomania (according to boudicca.de)
I figured the best way to avoid these things is study along with chaos magic is teach myself a counter, like a hard science that is skeptical of the paranormal or logic.
What things do you do to counter and keep a balanced view in your studies?