Page 509 - How to Make Money in Stocks Trilogy

378 INVESTING LIKE A PROFESSIONAL

(and sometimes longer), to build (or unload) their positions, any heavy
volume on the chart may tell you if they’re possibly moving into or out of a
stock in a major way.
Weekly charts include the same information that appears on the daily
charts, with the addition of shares outstanding. These charts span nearly two
years of price and volume movements.
To capture the biggest gains, it’s important that you use both daily and
weekly charts, since they offer different views on a stock. You will get more
exact timing indications from the dailies and the big picture from the weeklies.

Track Stocks
Once you’ve evaluated and purchased a stock, it’s crucial that you track its per-
formance. “Buy and hold” is a dangerous strategy, as all stocks—even those of
well-known, established companies—can be volatile and risky. To be a suc-
cessful investor over the long haul, you need to keep all your losses small and
to know when to sell and take your profits. Chapters 10 and 11 discuss how
you can do that with time-tested sell rules. The “My Stock Lists” feature on
Investors.com will help you stay organized so you can apply them effectively.

“My Stock Lists” With “My Stock Lists,” you can create up to five lists with
up to 50 stocks on each list. To stay organized and save time, you can

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