Pre-emptive measures in the stock market
Two investment techniques to acquire:
#1: In an unfavorable trading situations – stop loss!
#2: Knowing how to sell surplus stocks.
This are the techniques to protect yourself.
Refer to the following chart: US stock GoPro Inc (NASDAQ: GPRO)
If you buy and hold on a stock just to collect dividend and the stock dropped as shown by the chart; do you think is worth it?
If your answer is negative, then you have to use a different approach.
It is time to change your mindset to invest!