The worst thing an investor can do is take a large loss
There are many important things you need to know to trade and invest successfully in the stock market or any other market.
12 of the most important things that I can share with you based on many years of trading experience are enumerated below.
11. The worst thing an investor can do is take a large loss on their position or portfolio.
Market timing can help avert this much too common experience.
You can avoid making that huge mistake by avoiding buying things when they are high.
It should be obvious that you should only buy when stocks are low and only sell when stocks are high.
Since your starting point is critical in determining your total return,
if you buy low, your long term investment results are irrefutably better than someone that bought high.
By C.C. Collins
Commodities
2007-10-13
12 Basic Stock Investing Rules (11)
Posted by cheahyeankit at 6:42:00 AM
Labels: The worst thing an investor can do is take a large loss
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