Comments on: An Amateur’s Guide to Investing Discipline http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 23:30:41 +0000 hourly 1 By: Dan http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html/comment-page-1#comment-82808 Dan Tue, 24 Apr 2007 00:29:44 +0000 http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html#comment-82808 A stop loss can be a good idea. However, I would encourage anyone who is investing in individual stocks to keep up to date on news affecting their stock. I have always found that checking a website like Yahoo! Finance for up to date information may let me sell before my stop would be triggered. Also I think it is important to check up on your investments at least once a year and make sure that the there are still good fundamentals. If you would invest in the stock again hold it, if not sell and find a stock that you like better. A stop loss can be a good idea. However, I would encourage anyone who is investing in individual stocks to keep up to date on news affecting their stock. I have always found that checking a website like Yahoo! Finance for up to date information may let me sell before my stop would be triggered.

Also I think it is important to check up on your investments at least once a year and make sure that the there are still good fundamentals. If you would invest in the stock again hold it, if not sell and find a stock that you like better.

]]> By: Ben http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html/comment-page-1#comment-82758 Ben Mon, 23 Apr 2007 00:47:31 +0000 http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html#comment-82758 Great post, I love the title. I think one of the most important concepts in investing is discipline. Great post, I love the title. I think one of the most important concepts in investing is discipline.

]]> By: Mike http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html/comment-page-1#comment-82741 Mike Sun, 22 Apr 2007 18:08:46 +0000 http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html#comment-82741 If you set a trailing stop loss (or a stop loss for that matter) and the stock splits, does your stop get adjusted? If you set a trailing stop loss (or a stop loss for that matter) and the stock splits, does your stop get adjusted?

]]> By: Crediteria.com http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html/comment-page-1#comment-81486 Crediteria.com Sat, 21 Apr 2007 06:09:22 +0000 http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html#comment-81486 Thanks for the tips! I have done some day trading, swing trading and long term investing. While not much, I have done some and I wish I knew about the trailing stop. I had only ever set a stop loss, had I known about the trailing stop I could have made a lot more money on the stock markets! Thanks for the tips!

I have done some day trading, swing trading and long term investing. While not much, I have done some and I wish I knew about the trailing stop.

I had only ever set a stop loss, had I known about the trailing stop I could have made a lot more money on the stock markets!

]]> By: Keith http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html/comment-page-1#comment-81008 Keith Fri, 20 Apr 2007 18:02:31 +0000 http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html#comment-81008 Phil -- thanks for your excellent post. I think stop-losses and diversifcation by holding a good number of stocks is an important foundation of managing your investment risk. I've been following a stock-selection service for a while now ( www.northstarstrategic.com ) in part because they put a lot of emphasis on risk management and the discipline that you write about here. BTW -- one thing that I've learned about stop-losses is that there is a tendency to set them too tight so you stop out too soon. On the other side, I agree with you max percentage of 25%. I personally don't go below 20%. Phil — thanks for your excellent post. I think stop-losses and diversifcation by holding a good number of stocks is an important foundation of managing your investment risk. I’ve been following a stock-selection service for a while now ( http://www.northstarstrategic.com ) in part because they put a lot of emphasis on risk management and the discipline that you write about here.

BTW — one thing that I’ve learned about stop-losses is that there is a tendency to set them too tight so you stop out too soon. On the other side, I agree with you max percentage of 25%. I personally don’t go below 20%.

]]> By: plonkee http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html/comment-page-1#comment-80941 plonkee Fri, 20 Apr 2007 16:40:01 +0000 http://www.bargaineering.com/articles/an-amateurs-guide-to-investing-discipline.html#comment-80941 Doesn't a stop loss order force you to sell low? And then quite possibly buy high later on. Or does this not really happen very often? Doesn’t a stop loss order force you to sell low?

And then quite possibly buy high later on. Or does this not really happen very often?

]]>