Sunday, August 23, 2020

How To Sell Stocks: When To Take Profits

 Here is the link. 

Figuring out when to let go of a stock can be a tough decision to make, and there are basically two types of selling: Defensive selling to cut your losses, and offensive selling to protect your profits. Let’s take a look at a key offensive sell rule. Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.

keypoints:

Cut loses at7-8%, take your profit at 20-25% benchmark as historically stocks pullback after it reached 20-25%.

Actionable Items

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