If you don’t have a predetermined sell discipline for your stocks – and the vast majority of investors don’t – you’re flying by the seat of your pants.
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trailing stops
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Mike Tyson is not your average financial role model. But his strategy in the ring offers a lot of lessons for investors.
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Many investors consider the very best-case or very worst-case scenarios when they make investment decisions. But what they fail to consider is “What if I’m wrong?”
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Even income investors won’t turn down a quick profit…
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Don’t be complacent just because the economic outlook is terrific.
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Buying is easy. Selling is hard.
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Are you going in with your eyes open?
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