Knowing when to cut losses on stock isn't the most glamorous part of learning how to trade. It assumes you're going to lose sometimes. Spoiler alert: you will. Not every trade is going to result in taking a profit. The difference between the best traders and those who watch their portfolios go up in [...]
There is nothing worse than when a trade doesn't play out how you'd planned. Whether you waited too long and missed your window for profit or the stock never gained the way you had anticipated - it can leave you feeling like a failure. But don't sweat it - it happens to the best [...]
Implementing a common-sense trading strategy in conjunction with robust risk management will help you achieve investing success in managing your stock portfolio.
Research has shown that investors are less likely to sell stocks at a loss than they are to sell stocks at a profit. Take the example of a 50% loss on a stock, you need to make 100% just to break-even. Why put yourself in that situation? If you are stopped out for a 10% [...]
