Market Mind Meals

031 - Know When to Hold’em & When to Sell Stocks (TMC Show)

Informações:

Sinopsis

Today Mike & Melissa discuss various techniques and trading strategies to know when to Hold or Sell a Stock, especially in a choppy market. They also talk about fear of trading loss, when to get out, choosing a stock, position sizing, and risk factors. In today’s Trader’s Mindchat Show episode you will learn: * It’s OK to not be in the market 24/7, 365 days a year. Sometimes you need to walk away. As trader Jesse Livermore said, “There’s a time to be long, a time to be short, and a time to go fishing.” * Three things you need to know when to hold or sell: Which circumstances you’re going to get in, the multiple exits out of a trade, and how much you are going to risk. * Don’t be married to any certain stock for the rest of your life. Every trade is going to end in divorce. Stay in a trade that treats you well and continues to move in your favor. If it’s an abusive relationship…get OUT! #tradersmindchatshow #sellingstocks WHAT IS The Trader’s Mindchat Show??? Wealth is a journey, and this show is your Jump