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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Cut your losses without sinking in it, that's the only way to win in a falling market.

Cut your losses without sinking in it, that's the only way to win in a falling market.

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Asoka Samarakone


Expert
Expert
There are always people who know what is going to happen before it happens and they either start selling or buying ahead of the event, or rumours are triggered and people in the loop take early positions. If enough people buy a stock, its price will go up (usually), due to the simple law of supply and demand. If enough people sell a stock, its price will go down. Successful trading is not about being right or wrong: it’s all about determining probabilities and taking trades when the odds are in your favor.
Opportunities will come and go, but if you do nothing about them, so will you. you can win even in a loosing market if act wisely. Earlier also i have said to sell and buy back later. Cut your losses without sinking in it, that's the only way to win in a falling market.

bhanu


Manager - Equity Analytics
Manager - Equity Analytics
It is too late to cut loose losses.. things will change after December for good or bad. So better to wait and see. But most importantly don't put your all eggs in a one bucket

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