Summary of what I learned from trading and speculation in particular from 2021 - 2023 🟢
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If you are a stock speculator, follow the thread
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We focus that I am talking about the speculator and not the investor
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‼️‼️If you do not sell your stock at a specific profit that you have determined in advance, do not consider yourself a profit‼️‼️ -
Yes, you read that well
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Because if the profits are not earned by selling, you may also lose them by not selling
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‼️And it may even reach the point of selling at a loss to exit the stock, unfortunately with the long waiting period‼️
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Especially since you see other stocks making profits and sometimes doublings and your stock is losing more than 20% or even 50%
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Therefore, "as a speculator" you must determine your goals before entering any stock,
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Define your goals as follows:
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1- When do you buy the stock?
2- At what price do you buy the stock?