Comments on: The Importance of Having a Sell Strategy http://www.thesunsfinancialdiary.com/investing/importance-sell-strategy/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/importance-sell-strategy/#comment-61402 Sun Sun, 13 Dec 2009 18:17:13 +0000 http://www.thesunsfinancialdiary.com/?p=4370#comment-61402 Figuring out when to sell is always harder than deciding when to buy. When the price went up, there's always the temptation of profiting from an even higher price. When the price went down so much, the fear of realizing the loss sometimes is just to overwhelming. An exiting plan should be in place before a trade is made. Figuring out when to sell is always harder than deciding when to buy. When the price went up, there’s always the temptation of profiting from an even higher price. When the price went down so much, the fear of realizing the loss sometimes is just to overwhelming. An exiting plan should be in place before a trade is made.

]]> By: Davidhttp://www.thesunsfinancialdiary.com/investing/importance-sell-strategy/#comment-61359 David Tue, 08 Dec 2009 22:38:46 +0000 http://www.thesunsfinancialdiary.com/?p=4370#comment-61359 True.My original thought when writing the article is that I wanted to convey why it should be important to develop an exit strategy for when you feel a stock has become fully valued. As I mentioned, I couldn't discuss why I lost on this investment without touching on the fact that I really didn't know a thing about what I was investing in in the first place so I discussed both points.I agree with you though on your points. True.

My original thought when writing the article is that I wanted to convey why it should be important to develop an exit strategy for when you feel a stock has become fully valued. As I mentioned, I couldn’t discuss why I lost on this investment without touching on the fact that I really didn’t know a thing about what I was investing in in the first place so I discussed both points.

I agree with you though on your points.

]]> By: Edwinhttp://www.thesunsfinancialdiary.com/investing/importance-sell-strategy/#comment-61358 Edwin Tue, 08 Dec 2009 22:09:29 +0000 http://www.thesunsfinancialdiary.com/?p=4370#comment-61358 Arguably even more important than having a sell strategy is having a basic grasp of financials and the economy (as you mentioned here) allows you to properly investigate companies you are investing in to see how stable the investments really are.But then again, that takes not only a bit of education in the area, but also time to look over the filings of every single stock and possibly even attend their investor meetings (online of course). Maybe a better strategy is, as you said, to just set a sell price and try to avoid the emotions that get us into bubbles at the wrong time. Arguably even more important than having a sell strategy is having a basic grasp of financials and the economy (as you mentioned here) allows you to properly investigate companies you are investing in to see how stable the investments really are.

But then again, that takes not only a bit of education in the area, but also time to look over the filings of every single stock and possibly even attend their investor meetings (online of course). Maybe a better strategy is, as you said, to just set a sell price and try to avoid the emotions that get us into bubbles at the wrong time.

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