Can ExitPoint cause me to sell a stock too soon?
While we would all like to “buy low and sell high,” it is all but impossible to time the market perfectly and always sell at the top. It is doubtful you will always ‘buy low” or “sell high.” The trick is to let your winners run without giving back your gains (or even worse, allowing paper gains to turn into real losses), and keep your losers from causing you to suffer ruinous loses. Sometimes this means that an ExitPoint sell alert will be triggered on a stock that may have turned negative but thereafter reverses itself and appreciates higher after you have sold it. If you think only in terms of how much you could have made on a specific stock but didn’t, you are overlooking that your still profited or limited a loss to an acceptable amount, and lived to reinvest another day. However, if you think in terms of building profits and protecting gains in your total portfolio, then even if you only own a few stocks, you will have followed a disciplined and time-tested approach to wealth buil
