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Published On: Thu, Nov 7th, 2019

How To Build Long-Term Profits In Stocks? Take Many Gains At 20%-25%

Many new investors wonder when is the right time to sell stocks. An old Wall Street saw has it that nobody ever went broke taking a profit. Actually, that saying isn’t 100% correct. You won’t go broke so long as your profits are always bigger than your losses.




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For that reason, IBD has long since encouraged readers to limit their downside risk in every trade. Cut losses in each investment at 7% to 8% or less. No questions asked. Just move on to the next trade. The golden rule of selling is as simple as that.

When a stock is going the right direction, your decision making is not as easy. How long should you hold? Here’s Read Full Article

Source: Investor Corner – IBD

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