Download When To Sell PDF Book by Justin Mamis
Inside this Book – Stocks are bought not in fear but in hope. No matter what the stock did in the past, it assumes a new life once a purchaser owns it, and he looks forward to a rosy future — after all, that’s why he singled it out in the first place. But these simple expectations become complicated by what actually happens. The stock acquires a new past, beginning from the moment of purchase, and with that past come new doubts, new concerns, new conflicts. The purchaser’s stock portfolio quickly becomes a portfolio of psychic dilemmas, with ego, id, superego, and reality in a state of constant battle. Consider these nagging questions: Happily, the stock has gone up, but will it go up more, or is this the time to sell? Or it has gone down, will it slide some more or turn around and go up at last? Should I take a small loss now? Could I swallow such a huge loss, or should I at least wait for a rally? Now that it is finally rallying, should I hold until I’m even? Now that I’m even, shouldn’t I reward my patience by aiming for a gain? The decision not to sell maintains hope, thereby preserving a future. Indeed, the thought of selling a stock and thus abruptly ending the dream is so paralyzing that for every conceivable market situation there are ready- made excuses for holding on at least a little while longer.
- Full Book Name – When To Sell
- Author of this Book – Justin Mamis
- Language – English
- Book Genre – Economics
- Download Format – PDF
- Size – 29 MB
- eBook Pages – 260
When To Sell by Justin Mamis PDF Book
- Download When To Sell PDF Book by Justin Mamis Inside this Book – Stocks are bought not in fear but in hope. No matter what the stock did in the past, it assumes a new life once a purchaser owns it, and he looks forward to a rosy future — after all, that’s why he singled it out in the first place. But these simple expectations become complicated by what actually happens. The stock acquires a new past, beginning from the moment of purchase, and with that past come new doubts, new concerns, new conflicts. The purchaser’s stock portfolio quickly becomes a portfolio of psychic dilemmas, with ego, id, superego, and reality in a state of constant battle. Consider these nagging questions: Happily, the stock has gone up, but will it go up more, or is this the time to sell? Or it has gone down, will it slide some more or turn around and go up at last? Should I take a small loss now? Could I swallow such a huge loss, or should I at least wait for a rally? Now that it is finally rallying, should I hold until I’m even? Now that I’m even, shouldn’t I reward my patience by aiming for a gain? The decision not to sell maintains hope, thereby preserving a future. Indeed, the thought of selling a stock and thus abruptly ending the dream is so paralyzing that for every conceivable market situation there are ready- made excuses for holding on at least a little while longer.
- Full Book Name – When To Sell
- Author of this Book – Justin Mamis
- Language – English
- Book Genre – Economics
- Download Format – PDF
- Size – 29 MB
- eBook Pages – 260
