Questioning Cramer on Taking Profits [View article]
While I love to sell as the market or a stock rises, my problem has always been that I have not sold enough stock to make a dent with my profits. The moral is, if you have only sold some shares as the price increases, you had better sell a lot more or all of your position quickly, when the price begins to decline. Waiting for the next upturn will inevitably make you a loser, especially if on margin.
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always been that I have not sold enough stock to make a dent with
my profits. The moral is, if you have only sold some shares as the
price increases, you had better sell a lot more or all of your position
quickly, when the price begins to decline. Waiting for the next
upturn will inevitably make you a loser, especially if on margin.