May Offer Some Joy
I saw this comment on Twitter recently, and it resonated with me: "This market rewards all the wrong things: Take profits quickly, or sit on losses and it will be okay with time." Tell me about it. It's not exactly an easy market, despite an 8.3% rise for the S&P 500 since Nov. 25. Market chop is alive and well.
I normally don't like to buy a stock and sell it a few days later for a 5% gain; nor do I like to sit on small loss and hope the stock will come back. Small losses in growth stocks can get bigger in no time. Before you know, you're kicking yourself for not selling....578 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.