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All articles by David Chew -
What do you expect when you buy a stock? We expect the stock
price to go up so that we can sell at higher price than we
originally bought them and take the profits. But many times things
turn out not as we planned. What happens if the stock price does
not go up but instead go down? It goes down 5%, 10%, 15%...50%....
If you don't cut you losses, you will lose your hard-earned
money.
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I have faced this financial question 8 years ago and recently I
have friends asked me this same question. I think I should write it
up so that it may help some of you that having the same
situation.
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