 When To Sell StocksPublished Date: 2008-06-28 18:05:46 WorkOnInternet.com
Falling into this trap is a great way to ensure that you buy the stock at a higher price. We use the bullish percent indicators to track the risk in sectors. These indicators are soulless. In other words, they are not emotional and do not get caught up in recent news events and common thinking. When sectors reverse up from oversold levels, it is often when the news is the most dire. Conventional wisdom would suggest this is the last place in the world you would want to invest. Buying at this time is gut wrenching, but to be successful you must have complete confidence in the indicator. As the sector moves higher, the comfort level increases. If you use comfort level as your guidance, however, you will for sure leave a lot of money on the table, or worse, buy as the sector peaks. 3 Be afraid to buy strong stocks. Do this to make sure you stay out of the long-term winners. Don�t avoid stocks just because they have gone up. Doing this will keep you out of the leaders. This mentality would have kept you out of General Electric (GE), which was up 188 percent between January 1995 and December 1997 only to see it rally another 96 percent by the end of 2000. It also would have kept you out of Cisco (CSCO), which was up 376 percent between January 1995 and December 1997, and then it moved up another 312 percent by the end of 2000. These are only two examples, but there are many others. More important than how much the stock is up is its supply and demand relationship. By evaluating the point and figure chart, you can gain insight into this relationship and whether or not the stock is likely to move higher. Stocks that double can easily double again. Don�t miss out on these great opportunities. 4 Sell a stock because it has gone up. Doing this cuts profits short. Buying a stock right is only half the battle. You have to be able to sell it right to win the war. Just because a stock has rallied 30 percent or 50 percent, don�t be tempted to take your trade off for that reason alone. Consider trimming the position and leave part on the table to continue in the uptrend. Let profits run. Get 89.3 percent accurate stock market trading tips and stock trading strategy, Turn 1000 USD into 1,000,000 USD guaranteed. For more details visit http://www.5minutetrader.com/.
Home | Submit Article| Article Topics | Article Archives | Newsletter | Business Directory | Contact US |
