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| PDF Title : | New Trader, Rich Trader: how to make money in stock market |
|---|---|
| Total Page : | 677 Pages |
| Author: | Steve Burns |
| PDF Size : | 919 KB |
| Language : | English |
| Source / Credits : | bnpublishing.net |
| PDF Link : | Available |
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New Trader, Rich Trader: how to make money in stock market Book
When you have won big prepare to take profits. Have an exit plan in place. If your house goes from $100,000 to $300,000, have a plan to sell and move. Do not just sit there and let it drop back down to $100,000.
It is surprising how many people are in the right place at the right time and win what is equivalent to the lottery in stocks, a house, or a business but have no exit plan, so they ride it all the way up then all the way down again with almost nothing to show for it. Tragic.