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AHB
Hello I read through Phil Town's book and understand the procedure
posted Jun 26 '13 by ahb
Hello
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.

Thanks

BYOB2013
well example Ebix is good stock, you never sell but Goldensack will
posted Jun 27 '13 by byob2013
well example Ebix is good stock, you never sell but Goldensack will buy out that the time you want to sell ASAP. when goldensack cancel the stock drop down from $20 to $9. when to buy example I have scottrade I set alert the stock I buy for example ARII before is $60 I set to alert $30 for three month the price drop half already i brought it. when you buy 50% as per PT . i know it take time and patience. you can set alert many stock you want. when it drop about 40% then buy, when sell for me. let i buy $30 i sell $37 and set alert same stock when it drop again then buy again. that for me. don't follow me. just advise.

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