Let's Start Buying Stocks! Step: 3, Post 2

Now that you are tracking your stocks, you have to watch for a time to sell them!

Most of the time, an investor looks at trends in the stock. You watch for events that might push the stock higher. For an example, most stocks like to gain anywhere from 10-20% or farther right after an earnings release (if they actually made money :D).

Look at the picture below:

As you can tell from this graph. Towards the end it is very visible when earnings where released! It is show by spikes in the stock followed by a period of calm etc.

As in the example above you want to sell when you have made money! Always sell when you reach what your initial goal was. If you are lucky enough to have your stock double, sell off what you put in, don't be greedy, that never end up well!

If you want to send me 2 cents click a link! Look forward to my next post!

Let's Start Buying Stocks! Step: 3, Post 1

Now that you have purchased the actually the stock you need to watch it and sell it when you feel necessary.

There are multiple online software "trackers" to keep track of your stocks!

Some of these are...

Very clear, makes sense and secure!

I have never used this service myself, but I am told that it works great with your yahoo account!

These are two of the most popular. 

Most brokers such as eTrade, Zecco, and Scottstrade allow you to view all your stocks and set alerts for them.

Watch for the next post on when to sell your stock!