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Selling Checklist 131

You can do that if you just follow the key points we’ve discussed here:

• Take most profits at 20%–25%.
• Be ready to lock in at least some of your gains when the market weakens.
• Use a 3-to-1 Profit-to-Loss Ratio to systematically grow and protect your
money.

As you improve your stock-picking and chart-reading skills, you’ll become
even more adept at capturing multiple 20%–25% gains from the same
stock—and at holding “monster” stocks for even bigger profits.
But the key right now is to start right. And if you stick to this simple sell-
ing game plan, you’ll grow your portfolio—and your confidence—by hitting
safely for a lot of singles and doubles.

• ACTION STEPS •
Here are some quick To Dos to help you start capturing profits using
the Selling Checklist. To take these steps and start improving your
selling skills, visit www.investors.com/GettingStartedBook.
• Watch 2 short videos on offensive selling:
■ Take Most Profits at 20%—25%
■ Use the 8-Week Hold Rule to Help Capture Bigger Gains