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Online Share Trading

Engage and learn about markets and trading online

Buy or Sell?

Reply
YesH
Not applicable
Running a 10% loss. Cut losses and sell, or do I hold?
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2 REPLIES 2
warhippo
Super Contributor
It should be about what your exit strategy initially was. If you bought it for long term - keep it (I don't personally have this stock) And in short if you are trading and you don't want to sit with this - take your loss and make it up somewhere. Important that you have a "plan" of some kind when you buy.
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Russ
Super Contributor
On the chart draw in the support line from its low on 25 Aug.The share price has touched it 4 times and it has held.It is in an uptrend.The support is at about 19800 now.I think it is senseless to sell unless it breaks below support.
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