Question:

What important lessons have you learned in the Stock Market?

by  |  earlier

0 LIKES UnLike

What important lessons have you learned in the Stock Market?

 Tags:

   Report

7 ANSWERS


  1. never play in F & O segment

    play with your own spare money and have patience


  2. Never try to catch a falling knife. (Don't keep buying as your stock keeps going down in an attempt to dollar-cost average, you don't know how low it will go.) Buying on the way up is equally dangerous though.

    When everyone else is panic-selling, it is typically a great time to be buying instead. When the market is scared ****less, hold your positions and keep extra money on the side so you can buy MORE during those times, at a massive discount.

  3. Sell high Buy low.

    Seems everybody likes to talk about buying stocks. Few talk about selling them. Even here. Most questions are "Should I buy XXXX?" or "What should I buy".  

    Seems they only time they talk about selling is when stocks are in the toilet which is just the wrong time.

    IMO, when to sell is FAR harder and FAR more important. It is difficult emotionally too. Who wants to sell when you are making good money? But at times you should. Few do.

    When stocks are hitting new highs I think about when I want to sell. I watch for reasons it might go down.

    As a result I have missed almost all of this 20% downturn.

  4. this is trading in general

    when to sell

    how to take a loss

    using a stop-loss

    using a stop-loss

    using a stop-loss

    using a stop-loss

    using a stop-loss

  5. Greed and fear will turn a profit into a loss.

    Before you buy a stock have a goal.  When you reach it, sell.   Having a plan and sticking to it will help overcome emotions.

    Be willing to accept losses.  They occur!  If you can't, don't invest.   But with a plan, research, patience, and reasonable expectations your profits will exceed your losses over time.

  6. Prices go up

    Prices go down

    Greed and Fear are the twin killers of success.

    Never put in a penny while you are clueless what you are doing.

  7. Buy low, sell high.

Question Stats

Latest activity: earlier.
This question has 7 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.