TRADE MANAGEMENT - Knowing When To Sell A Position (Dr Alexander Elder)

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In this book The New Sell & Sell Short by Dr Alexander Elder, we look at the signs to look for when deciding on whether to sell a stock position.

Trade management is paramount for a stock trader looking to make this a profession.

Dr Elder author of Trading For A Living terms a sign for selling a stock as engine noise, a term which suggests the stock price is not behaving normally and should be looked at closely for a sign of when to sell.

Elder is however clear that which ever sell signal you choose, you should know in advance of placing a trade, what and when you intend to execute the sale.

Hope it helps!

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Once again, thank you and good luck!

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