What is Conviction in a Trade? Here’s How To Avoid Falling In Love With Stocks | Alissa Coram
If you’re looking to hold a standout stock for a big price move, you don’t need diamond hands – you need conviction! But what exactly is this conviction traders talk about so often, and how’s that different from falling in love with a stock? David Saito-Chung, IBD’s deputy markets editor, knows a lot about conviction and explains a few traps investors can avoid in order to become better traders. What’s a trade you’ve had conviction in, and how did you make sure you weren’t crossing the line and falling in love?
_______________
Stay informed about all the latest developments from AlissaCoram
SUBSCRIBE to Ali’s channel ►
Follow Ali on Twitter ►
Follow Ali on Instagram ►
#convictioninvesting #investing #growth
