art35 Member Level Tuesday, 02/20/18 12:52:00 AM
Post# of 4081
HERE IS INVESTMENT ADVICE
PPS in this is at it lowest in months---90% are in the RED!!!
When we get a rally and you break even---SELL!!!
WRONG!!! WRONG!!! WRONG!!!
When u buy a stock it can do 3 things -go up, go down or stay the same--
Two are wrong--- for the intention of your investment---
If it stays the same or goes down you generally hold it-- naturally
If it goes up , you generally take your profits- - naturally
Then you have to re-invest and then those same 3 things face you-- UGH!!!
After a time you are holding all stocks that are down or doing nothing- --happens to most all amatuers---
Now,, pay attention,, If you are holding a stock that went down and is now moving up--the tendency is to sell when you are even---but, it is now doing what you bot it for in the first place---
don't sell your winners--let them run out--a long way----
IF POSSIBLE , COVER WITH A TRAILING STOP LOSS--U can always buy back in....
SELL YOUR LOSERS AND PUT THE MONEY IN YOUR WINNERS!!!!!!!!!!!!!!