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In stock trading, we say that there are a million reasons to sell and only one to buy. Sales aren't a particularly good signal, since they can be very specific
by srdev 9y ago
In stock trading, we say that there are a million reasons to sell and only one to buy. Sales aren't a particularly good signal, since they can be very specific to ones' personal situation.
- JBlue42 9y agoThe one reason to buy - because you think it will go up?
- humanrebar 9y agoWell, you think you can't get a better return on your investment elsewhere. Just going up isn't enough if something less risky goes up faster. Going down a little can even be a relatively good bet if everything else is absolutely tanking. Losing 1% of your principle is a pretty good deal if the stock market (and the dollar) go down a lot.
- JBlue42 9y agoHa, thanks! I was just curious so took a wild guess.