Best selling point

Author: Cassidy
Publisher:
Publish Date: 2004-10-01
Features: Deciding to buy a specific stock is very simple, but selling stocks is an art. This art is successfully used by professional investors, yet it is rarely mastered by retail investors. This book will help retail investors become professional investors who master the art of selling. There are already many works guiding how to buy stocks, and it is refreshing to finally find a comprehensive guide on equally important selling decisions. This book should be a must-read for all investors. The vast majority of stock books focus on buying stocks, while this book emphasizes the issue of selling stocks, whether it is for profit-taking or stop-loss. It points out the problems arising from the external environment and the investor's inner world, as well as the many traps investors face when deciding to hold or sell stocks. It highlights the thinking patterns investors should be familiar with in relation to decisions and teaches important strategies for selling stocks wisely and effectively. With the author's rich investment experience, this book helps you determine stock market goals, teaches you the best timing to sell, and enables you to sell stocks in a more rational and relaxed way to achieve maximum profits. With the latest anecdotes and real-life cases, it clarifies the obstacles that trouble many investors, helping them recognize and overcome them. It also provides important strategies to be used in every selling decision. Everyone makes mistakes, and the key is to minimize losses and move forward. It introduces Paul Getty's reactive investment method—selling when others buy. It explains how to properly apply the "stop-loss" rule rather than the "stop-loss" rule. It focuses on 20 questions centered on holding and selling stocks.