Shree Ram Raut
Shree Ram Raut

@FinTaxCoach

6 تغريدة 4 قراءة Jun 09, 2024
Re-read the following 10 rules, if you are hesitant in taking Stop loss:
• Small losses are cheap insurance, and they are the only insurance you can buy on your investments. 1/n
• Always take your losses quickly and your profits slowly instead investors emotionally get confused and take their profits quickly and their losses slowly. 2/n
• There is no exceptions to taking stop losses, we mist always protect our hard-earned pool of capital.
• Letting your losses run is the most serious mistake almost all investors make. 3/n
• We must accept the fact that mistakes in stock selection and timing are going to be made frequently even by the most experienced of professional investors.
• Knowing and acting is better than hoping or guessing. 4/n
• The market will not obey you; it only obeys the law of supply and demand.
• We hope when we should fear, and we fear when we should hope. 5/n
• You don’t have to be correct on all your investment decisions to make a good net profit.
• Face the facts and stop rationalizing and hoping. 6/6

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