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When to decide that it is time to trade/sell your stock on Robinhood ? I am...

When to decide that it is time to trade/sell your stock on Robinhood ? I am a bit confused

plz help ! thanks !

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Answer #1

If a stock has the power to jump over 20% very quickly out of a proper base, it could have what it takes to become a huge market winner. The 8-week hold rule helps you identify such stocks. When your stock reaches a 20% gain in less than three weeks, hold for at least eight weeks.

three things about selling trade/sell your stocks that are:

* One of the greatest feelings is seeing your stock's price go up.

* Even the best stocks will sometimes break out, and then drop to slightly below their ideal buy point.

*Take the percentage gain you have in stock. Divide 72 by that number. The answer tells you how many times you have to compound that gain to double your money. If you get three 24% gains and re-invest your profits each time you will nearly double your money.

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