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re: What strategy/method do you use to determine when to exit a stock?

Posted on 4/20/17 at 10:11 am to
Posted by 632627
LA
Member since Dec 2011
12875 posts
Posted on 4/20/17 at 10:11 am to
quote:


Do you have an exit target before you buy?

I feel my biggest weakness as a trader is holding on to stocks too long.




I'm with you. For the most part, I've had terrible timing on sells. Part of the reason might be is I don't have a set strategy. I go on gut feeling along with the want/need to put the money in a different stock.
Posted by barry
Location, Location, Location
Member since Aug 2006
50384 posts
Posted on 4/20/17 at 10:30 am to
This problem seems to be a trend in my life i noticed. Staying at jobs too long, holding on to fantasy sports players too long etc. It was quite disturbing once i noticed how much it proliferated my life.
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