How To Trade Stocks Without Emotions(3)

The key to successful trading is cutting losses.

It has been said many many times that the key to successful trading is cutting losses.

If you are a reasonably informed person you will have many profit making trades.

But a time comes when you buy a stock, it goes down a little.

You are hoping that it will come back up.

But it dosn't keeps going down to 25%.

Then you thinking I should have sold it at 10% but now that it has come down so much let me hold a little longer.

Very soon the stock's value is half of what you paid.



By Jay Deb