During a regular meeting with a client, they brought up one of their clients who consistently sold stocks once they hit a certain price point. Then they would buy it back it a hit another price point. So they always buy low and sold high.
In other words, they did what most of us wish we could do. Too many of us get married to a stock, even when we know we should bail we ride it down to almost worthlessness. Not recognizing the money, we are actually losing.
To invest in the market for wealth appreciation we need to be cold and ruthless with our investments. No second guessing ourselves. Put a limit on the high and the low and follow it like a machine.
Do you have a strategy that you follow?