Stock Trading Strategies – Part 2 Exit Criteria
Part 1 can be viewed by visiting http://www.10000elephants.com
Every Stock Trading strategy should contain the following steps:
- Determine your buying Criteria
- Buy your stock when your criteria is met
- Determine your exit strategy
Never waiver from your strategy
Buying Criteria was covered in “Stock Trading Strategies – Part 1 available at http://www.10000elephants.com .
This article will discuss your exit strategy after you purchase a stock.
Your exit strategy can involve selling your stock with a little profit or waiting for a huge gain then selling.
But what if it doesn’t gain in value at all? How do you know if the huge gain will come? The fact is that you don’t know. In fact, nobody knows for sure, no matter what anybody tells you.
This is why you must have an exit strategy that does 2 things.
- Protects your Capital
- Creates Profits
Visit http://www.10000elephants.com to learn more about trading strategies and to purchase our 10000 Elephants Trading Strategy.
Over 90% of our trades using 10000 Elephants are profitable.
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