To play the Stock Market game, you need to study the proper entry and exit when deciding to buy and sell a position. Remember always the mantra "Buy Low Sell High" is equal to Profit. Knowing when to buy is a pretty straightforward process.
However, it is difficult to determine when to sell a position because of two reasons: Greed – this is when you are looking at a green portfolio, and is expecting/hoping that the prices will still go up to maximize profit. Fear – your portfolio is blood red and is afraid of cutting losses or mitigating the situation by averaging down (Average Down Calculator).
Below is a calculator that I've created to help you in deciding of when are you going to sell your position.
COLFINANCIAL Buy and Sell Calculator
Instruction: Do not add a comma when inputting values. For example, you need to enter 1700 instead of 1,700 to calculate the values correctly.|
|
||
|
|
||
|
|
||
If you have a position that you want to average down, then use the COL Financial Stock Share Position Size Calculator - PSE Calculator.
Stay tuned also for the mobile app version of this calculator. For the meantime, just visit this post every time you want to use the calculator.
I hope that this little tool can help someone out there.
- Your Life In Perspective -
