What is a good exit strategy for investing? After what percentage increase or decrease should you sell your stocks and why?
1 answer
Investing is not that easy. When to buy and sell stocks does not follow a formula. You have to be knowledgeable about each of your stocks. Is a dramatic rise in a stock an over optimistic reaction of investors or do its profits and future profits warrant the price increase? Is a decline likely to be temporary or is the future outlook for the company bad?