“Your objective is not just to be right but to make big money when you are right.” – William J. O’Neil, MarketSmith Founder
You will never know for sure if a stock is going to be a huge winner if you sell it too soon. If the stock you just bought makes a big jump right away, resist the urge to take the money and run.
Watching a stock go up after you sell it can be truly frustrating. That’s where the eight-week rule comes in. The rule states that if a stock breaks out from a proper base and gains 20% or more in three weeks or less, you should hold it for at least eight weeks. Continue reading “Use This Rule to Never Miss Out on Big Profits”
