Best Time To Sell A Stock For The Most Profit
ฝัง
- เผยแพร่เมื่อ 5 ต.ค. 2023
- In this video we look at some options to determine the best time to sell a stock, including the approach I take in my own trading strategy.
There are many viable options to sell a stock whether that is Price Action, Moving Averages, Selling In Strength, Selling In Weakness or numerous technical indicators. The key however is to choose one and stick to it.
Having a subjective reason to sell a stock will not lead to a robust strategy or consistent returns.
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I bought the PDF a week ago, but have not received it yet. I thought I would get a pdf version immediately after the purchase was done. Please advise.
@@miguelzegarra7380 Hi Miguel, do you have it yet? If not please email me.
@FinancialWisdom I wrote a message on your page. I don't have your contact email. I haven't received the PDF yet
Were you able to get it ?
That’s right money is made in the middle and not the top or the bottom. Best teacher around. Also when your going for big wins you have to give some back and that can be stressful.
Totally agree!
Thanks Gareth. A few really practical suggestions that I will use to tweak my current strategy. The weekly chart is a powerful tool.
Fantastic!
Excellent and clear, as always! Thank you!
You're very welcome!
This is one of the best youtube Channels ever.
Very appreciated mate
Glad you enjoy it!
I needed this last week
I always appreciate your content.
I appreciate that!
Thanks, last point was very important and hard to understand " Never regret if trade take your SL and resume"
Glad it was helpful!
Interesting as always. I live in Japan where trading is considerably different for those like myself who are not rich enough to buy shares in the minimum unit of 100.
Fortunately it is possible to buy less than 1 unit but it comes at a cost; you can only buy and sell at market price and stop loss orders etc are not allowed.
So far as selling is concerned I try and sell sufficient shares to recoup the initial capital outlay and let the remaining shares run until my preferred indicators shout sell. This works best if profits are upwards of 30%.
I primarily use point and figure charts backed up with Guppy Moving Averages to tell me the strength of a trend.
I truly love your channel❤ ... thank you so much
You are so welcome
thank you for making informative videos that still force us to think for ourselves, hallmark of a great teacher :)
Thanks 👍
Thank you for another excellent video !
Thank you too!
This is the best trading channel I’ve come across.
Thanks 🙏
Very help full
A few other suggestions for the existing strategy
1) look at relative strength of stock. If it is not performing well, it is an early indication to get out.
2) Exit when something abnormal happens in price action. For example, a larger than normal candle with higher volume or a breach of higher time frame low (in my case monthly low)
3. Often time price moves in a channel, upper side of a channel is a good area to chop the trade
4. When price becomes overextended, use the low of previous candle as stop loss
5. Volatility stop often time does a good job to show you if somethjng is abnormal
6. Learn about climax top
I dont trade looking for breakouts,as they can take a long time to break,like two weeks......i just use price action and get in and out with taking a portion of movement....getting to greedy makes me lose.....so i set my TP and catch the spikes or execute when i feel the times right....
Thanks Gareth. How’s the portfolio YTD?
Great video FW. It seems there are several way to win in stock market :-)
Very true!
What are your returns compared Minverni or ONeil? I think a hybrid approach might be better? Sell one half of a stock if profits are around 20% if it doesn't make a move of the same amount in a week or two and doesn't have institutional support. Let the other half run and I prefer weekly SuperTrend indicator combined with Heiken ashi and either awesome occilator/SAR.
Is there any guide for option traders? And can I use yours for daily trading or it has to be only for Lonny investment?
Can MACD be used for daily options (calls or puts) trading?
Hi , could you give an example how to calculate the distance of stock from 200 moving average? How to know the distance by percentage ?
What are your MACD settings that you use to exit a trade?
Hey, thank you for sharing your results, extremely impressive. The one metric that stood out to me was that your average days in losing trades was somewhere around 100. I set my stops around 8%, so when I lose on trades and get stopped out, it almost always happens within a few days to a few weeks. Do you set hard stops? If so, how are you staying in losing trades for so long? Thanks!
I am not sure what Gareth uses but what I have figured out is that I don't generally use stop losses on my systematic trades. Instead I do something similar to what he described. I check the weekly chart and if the trade has broken my rule then I use the low of the week as the new stop loss which I can set into IBKR.
Yes hard stops, price may move up and then move back down.
Is this the same for long term investing ?
Please, Make next video about how to choose Stocks for swing trading
So your method we need to look at the previous 2 weeks?
U r best teacher ever❤
Thanks a lot 😊
you are a teacher to me. Love from Pakistan
Thanks ;-)
Like they say, you will always sell either too soon or too late--no way around it. I think your system does a good job at making the best compromize.
Wouldn't an even better way to do is split half position for this strategy and William O'Neils 20-25% if a stock doesnt run up 20% in a couple of weeks and doesn't have 70% institionsl support
For using MACD indicator to mark exits on weekly charts, do you use the default settings or something different.
Yes default
I noticed that in many of your Videos, you say something like "200 day moving average" and the Video shows "200 DMA". However, from what I've learned DMA usually stands for the displaced moving average, as opposed to the Simple moving Average (SMA), which I believe you're actually talking about. Which one is it? Thanks for all your work!
Its Simple 👍
Personally I cannot look at price fluctuation without considering change in volume
Where's the ending music?!
Putting well-earned money into the stock market can’t be over emphasized for first - time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money
Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
My Financial adviser is Natalie Lynn Fisk she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential best results and taxation
Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,
indeed, most people downplay the roles of financial planners until burnt by there mistakes. Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative. I've been able to navigate the volatilities and scaled up 880k from 220k with professional guidance.
in my case Chris Ryan Stewart has assisted me in doing that effectively, I'm not an expert so I lack experience in investment strategies, I work and my consultant handles the rest.
yeah that's a good path, focus on a good strategy, relax back and watch it compound within the years. In good time you'll see returns.
How can I join in? I will be happy growing my money while giving a few of it away to charity, giving back is as good as receiving.
What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon , and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@FinacialWisdom at 0.51you showed us that you made 500.000$ in 500 trades. Is this leggit?! O.O
It is - But the results are irrelevant or meaningless unless you know what was risked each trade etc
Can your strategy be used for calls and puts? Or just the actual stock?