Selling is a very crucial decision as one gets emotionally attached with the stocks. One can follow these 5 rules to sell the stocks in the market and same are as enumerated below:
- Sell When The Stock Becomes Overvalued.
- Sell When the Business is No Longer Great.
- Sell When You Need the Money for a Better Investment.
- Sell When the Stock Reverses into a Downtrend.
- Sell If the Stock Price Drops 20% Below Your Purchase Price.
Thus make sure that one gets emotionally detached from the stocks and as and when either of the above quoted condition is met in the market, one must exit the stock as selling a stock is a very difficult decision.
Click Here to Get Free Stock Market Technical Analysis Tips and Charts in Email