29 Feb '12, 2pm

Which are harder – Selling a losing position or Exiting a winner

We as humans are naturally greedy and for everything we want more. “The more the merrier” as many people say. When a stock is rising (especially in a bull run), you feel good about the stock and this heavenly feeling and optimism is percolating. Even if your original target price on the stock is reached, it is natural to not sell and look for bigger profit. Along with greed is the thought process of why end something when the going is good; why not ride the train and see where it takes us. A friend once asks me this question: “Assuming you buy a stock at S$0.95 and then sell the …

Full article: http://thefinance.sg/2012/02/29/which-are-harder-selling-...

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