Tag: Stop Losses
Dollar Cost Averaging Versus Stop Losses
Subscriber Rick G. recently asked a great question. “What do you think about the theory of ‘buying on dips’ and ‘dollar cost averaging’?” If the price of a dividend paying stock goes down, buying more will increase your yield; however, that seems to be at odds with the idea of why an investor should have […]
Physical vs. Mental Stops… The Debate Continues
Do you remember where you were on May 6th of 2010? No? Well, this was the day the Dow fell 1,000 points in a matter of minutes. Now do you remember? A lot of other traders sure remember that day. It was the day many of them were handed huge losses. Yes, the “flash crash” […]
Control Your Emotions For More Profitable Trades
Do you remember “ABC’s Wide World of Sports”? It was on for years. The program’s famous for showing triumphant moments in sports. It was probably better known for the catastrophic mishaps it recorded. Jim McKay, the host of the show, popularized the phrase “The thrill of victory and the agony of defeat”. Anyone playing competitive […]
