getting out of a stock
Would you please review how you determine when to get out of a stock? handle stop losses, trailing stop losses? Do you use them? or use when the stock crosses the 50 day moving average? Thanks for all your help!
This is a great question, and I needed to create a video to answer it completely. I only use stop losses when I am on vacation or away from the office. If I am in the office there is not a need for a stop loss as I can monitor each of my holdings.
This video will include my personal sell rules both defensively and offensively. The most important criteria about selling a stock is you the shareholder. Ask yourself" are you a day trader, swing trader, position trader, or long term investor and that will determine how long you hold a stock. The his site is for swing trading, and hopefully some positions can to into long term holds.
Thank you for this important question!
Regards,
Marty