Thursday 27 July 2017

Top 50 Rules to Investing - Rule 18

Top 50 Rules to Investing - Rule 18

  
When a stock hits a new high, it's not time to sell.Something is going right

As Sensex hits new high, when is right time to bid goodbye to your stock?

As stock markets scale new highs, many investors are wondering if the rally will sustain. And, whether they should book profits and wait for a correction to re-enter. While timing the markets is not possible, having an exit strategy for stocks in your portfolio can ensure you make profits, irrespective of where the markets go from here.

“The sell decision is the most important decision you can make in investing,” says Arun Kejriwal, founder, Kejriwal Research & Investment Services. “It’s the best risk management tool which ensures traders and long-term investors make money, and the downside is capped.” Sticking to an exit strategy also ensures you stay disciplined and don’t get swayed by emotions.

Courtesy:see more @ http://bit.ly/2v7gcr9

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