2007-02-23 15:56:45 · 8 answers · asked by Warrin' Buffit 1 in Business & Finance ➔ Investing
Some folks like to have "price targets" and have schemes for coming up with them. I prefer to hold the stock as long as (a) it is going up (b) looking at the chart, I would buy it today (c) I am not getting nervous about its ascent. I have several positions in which the short term rise is better than 100% APR, but that is only over a period of a few weeks, so they tend to play out or get sick or make me nervous. Never mind the amount. Jesse Livermore said a great truth when he said "the ticker says it all". Skill yourself in reading the charts. Start with daily charts that cover the last three months. Select logarithmic price scaling, if you have the choice, and candlestick representation. Investors' Business Daily, a pricey newspaper, has good charts and is a good way to focus your attention on the recent winners.
2007-02-23 21:37:23 · answer #1 · answered by ZORCH 6 · 0⤊ 0⤋
DISCLAIMER: This does not take into account any qualitative analysis of the company, any new prjects they may invest in which will generate huge profits/losses or investor confidence in the company. Please take these into account when picking stocks.
Mathematically, stock prices average out to follow polynomial principles and thus you need to look at the previous prices and figure out if the level of increase in the stock price on a day-to-day basis has started declining.
If this is coupled with an increase in trading volumes, then this would be an excellent price to pull out as you can expect a peak price to form soon, and its always better to sell just before the peak than to overshoot and have to sell at lower price than you could have sold at at-peak (or before-peak) or be stuck holding worthless stock.
Even if trading volume is not there, a scenario where the stock's velocity has started declining is a good time to sell the stock.
2007-02-24 01:12:32 · answer #2 · answered by ammarmarcusnaseer 3 · 0⤊ 0⤋
you can choose a price to sell at and at which you are comfortable with the profit made.remember a profit is a profit.
or you can hold on to stock long term no matter what.
or you can gamble and see if you can choose the peak!
also set a price to sell at to take a loss if it goes down.it may go down further,or it may go back up,again it is a gamble.
some people have a very good finger on the pulse of business.some are just lucky.or not.
2007-02-24 00:06:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
after investing one must have a target price.if it reaches the same book profit for 50%.even if stock is in uptrend wach it & sell it when it come down in two continue session.
2007-02-24 00:54:55 · answer #4 · answered by upendra kumar sharma 2 · 0⤊ 0⤋
Totally depends on your long/short term goals. Bull or Bear? What type of stock? Etc...
2007-02-24 01:32:16 · answer #5 · answered by Em 2 · 0⤊ 0⤋
if it's going up, I sell half when I make 50% on my money and the other half if it goes up another 10%.
On the way down, the sooner you get out the better. You can always buy it back.
2007-02-24 00:14:00 · answer #6 · answered by zocko 5 · 0⤊ 0⤋
Magic 8 ball is helpful.
2007-02-24 00:05:06 · answer #7 · answered by warm pupp 4 · 0⤊ 1⤋
Investment + expenses + profit as they like / market rates
2007-02-24 00:00:55 · answer #8 · answered by Anonymous · 0⤊ 1⤋