O'Reilly logo

The Complete Idiot's Guide to Stock Investing Fast-Track by Ken Little

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Have a Plan to Sell Stocks

Successful investors have a plan to sell each stock they own. This plan covers market circumstances such as a significant drop or rise in the stock’s price. It also details when you might want to sell for more personal reasons. Either way, the sell plan is in place so if circumstances change rapidly, you don’t have to make an uninformed decision. This is not a long document, but rather a series of short statements, something like: “If the stock drops X percent, I will (sell or add to my holdings).” “If the stock rises to $X, I will sell Y number of shares or all shares.” You get the idea and know what fits your personal financial situations. Here are some reasons for selling you may want to include in your plan:

Risk ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required