RE: Protecting your capital18 Oct 2020 11:19
1509,
There are so many strategies on the stock market as there are people ... Everyone’s strategy depends on their personal circumstances and the risks they are prepared to take ....
When you have very little capital to invest , your priority SHOULD be to be very cautious and to protect that capital at all costs ....
When you have loads of capital , well I think you have to be careful but you can take a few more risks
In between one can take more risks with the profits whilst protecting the capital at the same time ...
Some people are high risk gamblers and they can win a lot one day and be wiped out the next ...so
Research research and research and don’t put more than you can afford to lose in any one share, no matter how much you believe in it ...spread around the risk and never fall in love with any one share :-)
No advice here just a bit of experience :-)
As always , everyone to their own trades