Besides being smart about your stock investments in Nse Bse Equities, you should protect the money your investments have earned. Protecting stock market profits means being on the defense. These tips will help:
- Always try to have some extra cash on the side, no matter how tempted you are to be 100 percent fully invested; you never know when buying opportunities may show up.
- Spread your money across several stocks.
- Buy more of a down (yet solid) stock.
- Even if you make what you think is the greatest choice in stock market history and still see the price decline, just wait; common sense takes over regarding a stock price over a protracted period. Long term, good choices go up and bad choices go down.
- Use stop-loss orders, trailing stop orders, and limit orders.
- Set up broker triggers.
- Consider put options and covered call options.
- Sell, if you absolutely must.
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