Wednesday, January 9, 2013

It's good to Sell

Sometimes it does not make sense just to look for profit, it's great to cut losses. Learnt a great lesson to sell a stock before it hammers further, it's fun to watch the stock going further down and be happy after cutting down losses.

Lesson Learnt: Avoid Greed and sometimes avoid stocks which are valued trading less than 1 times the P/BV