NGI 1.78% $1.72 navigator global investments limited

SourgalIt's good to hold onto a stock that's trending upwards. I...

  1. 2,323 Posts.
    lightbulb Created with Sketch. 8
    Sourgal

    It's good to hold onto a stock that's trending upwards. I always use a trailing stop loss though, so if the stock turns you can exit and still pocket profit. If a stock also breaks to the downside of a trend then implement an exit stategy.

    It's best not to "sit and see what happens" if you don't have intimate knowledge of the company and the market. Always have a plan and don't hesitate to follow it. Preservation of capital is key.

    Good luck with everything.

    cheers
    Ange
 
watchlist Created with Sketch. Add NGI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.