Skip to main content

When To Sell a Stock ?

 



This is probably the most difficult question to answer: When Should I Sell a Stock ?

I remember creating this flow chart diagram for my own reference a few years back which I'd like to share it on this blog. So when I ask myself again -Should I still keep the stock or should I just sell it?....I'll refer back to this diagram.




Comments

Popular posts from this blog

Sell Put Spread Strategy on SPY To Generate Monthly Income

  I was introduced into the world of Options Trading when I joined a Value Investing Course by a stock investing guru named  Sean Seah . One was the strategies I learned from this course is called VIOS (Value Investing Option Strategy). This strategy aims to consistently make money by selling naked put options to collect premiums on fundamentally good stocks with minimal risk (worst case scenario you are forced to buy that stock if your option is exercised). Anyway I won't be talking too much about the Fundamentals of Options as you can find many free videos of these on YouTube and paid courses on Udemy. I have been selling mostly naked put options to collect premium for 4 years using the ThinkOrSwim platform and I was collecting good premiums making some small profit. One strategy I used was to keep rolling my option if it went In-The-Money (ITM) on expiration day . However I discovered that  there is a huge risk involved with this Naked Selling Option Strategy even when...

The TOP 3 DOs and DONTs To Be a Successful Investor

Many times we ask ourselves "Why do some people make money easily while I have a difficult time doing so?". I already have a few friends who are making tons of money after huge investment in crypto and I have another friend who has made tons of money in options trading. I am still struggling and I have been asking myself why. What am I lacking compared to them? I believe it is the amount of effort and time that my friends have placed to master the art of trading and investing -that make them successful. They will only focus on one thing and continue to sharpen that skills and knowledge relevant to that instead of jumping from one to another. For my case I have dabbled in the futures market, day trading, options, some crypto....all with mild or no success.  It is time for a change.  I have to put in more effort to be a more of a successful investor. knowledge without action is meaningless. We must Do the right things and DONT Do some things that may hinder our progress to be s...

What are the Different Levels of FiRe ?

FiRe (Financial Independence / Retire Early)  is a movement where a person has to adopt to a certain lifestyle with the goal of gaining Financial Independence and Retiring Early. I only got to know of this movement a few years ago after watching a video on Graham Stephen's Youtube channel.  Just like Graham Stephen, I started adapting a frugal and savings lifestyle when I was young but there wasn't a name for this until  Fi/Re  was made famous. I got serious about Saving To Retire Early about 10 years ago after attending T Harv Eker's Millionaire Mindset seminar . I learned about the JAR system from the seminar and I have been practicing it without fail for the past 10 years. I am proud to say this has helped me tremendously to achieve my financial freedom goal. T Harv Eker has a book called " Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth " which I highly recommend.  I wrote an article about the Money JAR System which you can read by c lic...