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To: Raymund W who wrote (44027)8/19/1999 12:45:00 PM
From: Peter V  Read Replies (1) | Respond to of 50808
 
<<I think knowing when to sell is harder than knowing when to buy.>>

Truer words have never been spoken. It is the hardest part about investing, partly because it's emotionally charged. We buy with the hope that we will have all these great profits. We say "hello" to the stock. And like a friend, we hate to say "goodbye" and we hate to think that the upside is over (because if it's not, why are we selling?). Successful traders take the emotion out of investing, sell stocks when they go up, and don't worry about it if they keep going up after they have sold. It's easier said than done, as I keep lamenting having sold ZRAN.