Before you purchased that stock, mutual fund or Exchange Traded Fund ( ETF ) you probably did your research to be certain that what you were purchasing would return a respectable profit over the long haul. Those that had an exit methodology possibly sold out as it turned over and dropped like a rock. They kept almost all of their profits as well as their original investment. investing isn't an "I hope, I hope" business, but it's a business.
That also is applicable to any investment you make in the exchange.
So long as the share price is advancing you may continue your love affair, but when it starts down it's time for a divorce. There can not be many traders who have not at least thought about the concept of telling the chief what they believe of him, throwing it all in and going off to trade the stock exchange for a job. It is a gigantic risk financially, and that doubt is what stops most from jumping ship. Is it actually possible to trade for a living? Your intelligence begins to lose focus and you end up recalling that stock you purchased only a week ago, and how it rocketed giving you enough profit to takes the youngsters to Disneyland in the summertime, and you start to think about if you could not make a full time living at this trading game. The benefits are definitely captivating ; no more purposeless conferences with the boss, hours to suit, vacations whenever you feel like it, and with your home-office - no more snarl ups. 20 % is a lot and more than the majority of people should be ready to chance when investing.
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