Hello I read through Phil Town's book and understand the procedure
posted Jun 26 '13 by ahb
I read through Phil Town's book and understand the procedure for selecting a stock (the 4 Ms). However, I dont understand or know when to enter (buy) and when to sell. As an e.g I did a paper trade and bought AAPL at 540.00. As per PT's book I should only sell it if there is a fundamental change in the company which was not there in case of AAPL. Yet the stock started falling since last year. If I knew when to exit and make a profit out of it it would have been great. I dont realy follow your technical indicators as well. Should I only buy when the indicator says a Buy and sell when it says Sell?
Any help will be appreciated.