Have you ever seen a book on when or how to sell investments?
Neither have I?
Only when I set out looking for one did I find one or two. But it was a bit like looking for a needle in a haystack between the hundreds of books on how and when to buy.
Can you answer this simple question?
Before I go on let me ask you.
Have you ever given when and how to sell investments any thought, or better still do you have a selling strategy?
I never had a selling strategy until a few years ago when I looked at my buy and sell decisions over a number of years and realised that I often made the classic mistake of:
- Selling winners too early and
- Hanging onto losers with the hope that they will recover.
Is this something you also do?
A hard habit to break
Try as I may, I found it hard to break these two habits. After a lot of research I developed a strict selling strategy which has substantially improved my returns. And I am sure it will help you too.
It has helped me to hold winners and sell losing investments quickly and easily.
How to break the habit
This is what I did…. Click here to read more
Your selling strategy analyst
Wishing you profitable investing