12 Basic Stock Investing Rules (7)

Let your profits run and cut your losses quickly

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.

7. You must let your profits run and cut your losses quickly if you are to have any chance of being successful.

Trading discipline is not a sufficient condition to make money in the markets, but it is a necessary condition.

If you do not practice highly disciplined trading, you will not make money over the long term.



By C.C. Collins