3 Signs It May Be Time To Sell Your Stocks
I find that it is much easier for investors to buy stocks then it is for them to sell. I say this because I have seen investors who hold onto the stock all the way to bankruptcy, or when the stock has made a sizeable gain and the investor still refuses to sell. Some of the thought process that goes on are:
They believe the stock still has more room to go up in price so they patiently wait for it to increase further, only to miss out when the stock was at its peak.
The stock has dropped and the investor believes that the stock has bottomed out, and it will go up in time, so they continue to hold
The stock has dropped so much that by this point, selling it would cause a big loss, so they hold onto the stock in the hopes that one day it could go back up again