How to sell stocks
You now know how to purchase stocks. Now you must learn how to sell them. Rule number 1. Protect the money you have to make money in stock market. The best way to do this is to not let a small loss turn into a large one. Here are our top tips for cutting losses.
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I Wish I seen this video earlier I’m down 27,000 that is 10,000 increase just a bReakeven
It's real estate #1 wealth building tool.
But if you only invest one percent, price action could go to zero percent and you would only technically loose one percent of your capital
Smart and attractive woman.
Thanks. Learned something.
Cutting losses is indeed important. Although I tend to set cut losses based on the market trend and indicators rather than percentages. I just feel like cutting losses by percentage is like trading blindly and may hurt you in the long-run.
Dam good point…dam Chesapeake big hit…but iam stil ahead…thinking iam cutting losses and moving on…its money to b maid
Looking back to the GFC in 2008, I learnt the hard way of the folly of holding onto stocks that fall.
Well said.
Very helpful video. Thank you and keep up the great work!
Nice video. If a 7% stop loss from the purchase price is IBD's version of "Cut Your Losses Short," then what is IBD's version of "Letting Your Winners Run?" By the way, why a 7% stop loss as opposed to a 3% or 10%?
Insightful 👍🏿. I enjoy this short videos