| The novice investor or trader often obsesses about where to get into a trade or investment and may spend much time trying to refine this process. Indeed there is a whole industry around the perfect entry signal; buy now or miss out on massive gains, XYZ share cannot go any lower…
Of course, we all want to get in at the "right" price (whatever that actually means), but what delivers us the final profit or loss is where we get out – where we sell the investment and realise the gains in cold, hard cash. Now, this is hardly rocket science of course, but still in my experience much less time is spent on examining signs that it is time to head for the exits. So I thought it would be a good topic for this month's issue – what are the signs from the charts that the best of the move we are in may well have happened and it is time to at least start about thinking taking some money off the table and banking those paper profits? As with many other things to do with charting and technical analysis, I am always keen on keeping this simple, so here are some possible approaches. | 
Ingen kommentarer:
Send en kommentar