Great video Ales. If i had a question it would be on entry/ exit strategies. I haven't really put my thought into when and how much to buy. What to do if my stock goes up/ down. Thanks!
Good question... I'll do a video in December, but buying strategies, initially, depend on whether you think the stock will go down some more, in which case you buy in thirds. I never let a stock be, or get to, more than 5% of my portfolio. As my position grows, I try to sell a third once it doubles, and another third as it doubles again. After that, I got more than my money out and I am playing with the House's money, and let that ride (not to use gambling terms). If a stock goes down, initially or later, it's always about whether you believe the "story" still. If yes, buy more since it's on sale, otherwise, put in a stop loss, and sell it if it is doing badly and won't recover. Then you can allocate the money to something better.
Great Video👍 "Choosing between small-cap and large-cap companies? 🤔 This video breaks down the pros and cons to help you make informed investment decisions! 📈💼 Don't miss out on these insights to maximize your financial growth! 💡🌟"
I look at #smallcap vs. #largecap companies in the video
There is greater #risk with #smallcap #companies, as they are weak financially at the start of their "life"
#Smallcaps will generally be #growth #companies, but there are many #value small companies as well.
Great video Ales. If i had a question it would be on entry/ exit strategies. I haven't really put my thought into when and how much to buy. What to do if my stock goes up/ down. Thanks!
Good question... I'll do a video in December, but buying strategies, initially, depend on whether you think the stock will go down some more, in which case you buy in thirds. I never let a stock be, or get to, more than 5% of my portfolio. As my position grows, I try to sell a third once it doubles, and another third as it doubles again. After that, I got more than my money out and I am playing with the House's money, and let that ride (not to use gambling terms). If a stock goes down, initially or later, it's always about whether you believe the "story" still. If yes, buy more since it's on sale, otherwise, put in a stop loss, and sell it if it is doing badly and won't recover. Then you can allocate the money to something better.
Great Video👍 "Choosing between small-cap and large-cap companies? 🤔 This video breaks down the pros and cons to help you make informed investment decisions! 📈💼 Don't miss out on these insights to maximize your financial growth! 💡🌟"
Wow, thanks 👍
@@canadianmoneytalk Thanks for the response🤎
@@canadianmoneytalk Thank you🤎
Informative video! But I've noticed a few areas that could help you reach a larger audience.
Let me know if you're open to further discussion.