Page 1164 - How to Make Money in Stocks Trilogy

Selling Checklist 149

And if you find it hard to sell when your stocks trigger these rules, or if
you can’t watch the market during the day, set up trade triggers with your
broker ahead of time (Chapter 4). It’s a good way to make sure you stick with
the selling game plan and stay profitable and protected.

Check the Chart for More Warning Signs and Sell Signals
See how to spot other signs of weakness in Chapter 6, “Don’t Invest Blindly:
Use Charts to See the Best Time to Buy and Sell.”

• ACTION STEPS •
Here are some quick To Dos to learn more about how to apply
the rules on the Selling Checklist. To take these steps, visit
www.investors.com/GettingStartedBook.
1. Use the Selling Checklist to check current market condi-
tions and any stocks you own right now.
• Is the market currently in an uptrend—or correction?
• Are you up 20%–25% on any of your stocks—or nearing
a 7%–8% loss?
2. Watch a short video on how to apply the 7%–8% sell rule.