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Co-Wise: How do you decide when to buy/sell?
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Factors to consider – Understand, Time, Trend, Profit %, Review

How to decide on buying a stock:
(i) Like the saying – Time in the market vs timing the market. Everyone would definitely wish to buy a stock at the extreme lowest – best at $0.10/share and it rises x1000000000000000000 ASAP isn’t it? It is difficult to decide when to enter/buy a stock as time factor is unpredictable.
(ii) How much do you understand the stock – understanding and believing in the organisation.
(iii) Trend within that week or around that period – what’s the hype? Igniting the crowd to buy as it is rising or buying the dip?

How to decide on selling a stock:
(i) Setting goal/aim on % in earnings. Some people have troubles parting with their stocks. Probably set a % of gains/profits you would be satisfied with the earnings.
(ii) If one needs the money for a more attractive opportunity. It is quite painful having to let go a stock – be it whether it is bearish or bullish as it’s either parting with money you’ve lost which you might recoup or you might be receiving higher gains, but nobody knows the future.

Lastly, having to review in time to time (2 weeks to 1 month) – check if there’s need to make adjustments to what was set initially and do a follow up!

Not adding stock code as its really a generic topic to debate! Everyone has different perspectives on each stocks!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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