Fast_Money: Do you know when to SELL ?

Wednesday, May 4, 2011

Do you know when to SELL ?

If you think you'll will spend the weekend worrying about a particular position, it's best to sell it right now and move on.

If you find yourself visiting the yahoo boards to see if there is any helpful news out there that you might have missed, its best to sell right now and move on.

If you find yourself using indicators on charts that you don't normally use just to justify holding a position, its best to sell right now and move on.

If you find yourself asking asking the "experts" on twitter or on blogs about your positions, its best to sell it right now and move on.

If you find yourself checking the stock's fundamentals although you took a position based totally on technical reasons, its best to sell it right now and move on.

Now you know!

2 comments:

bebrentsMay 4, 2011 at 11:44 AM
good to know
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AnonymousOctober 31, 2011 at 8:03 AM
Thank you for your help. You have turned my trading around where now I am profitable, although not as much as I would like. But I an getting consistent.
Barry
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I hope you will learn from my years experience as a professional trader.

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Fast_Money

Wednesday, May 4, 2011

Do you know when to SELL ?

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