When to sell your stocks (you are doing it wrong) | Money Arata 69 

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Look at your stocks. Some are on profit and some are losing. Which ones should you sell and when? If you act on impulse, you might believe that it's best to sell your winners and hold onto your losers, right? After all, you're banking profits and giving those underperformers a chance to rebound. Well, you are probably making some mistakes here and you need to fix it.
The intuitive approach is often the opposite of what successful investing requires. The first step is to let go of the idea that you should "never sell a stock at a loss."
To be able to stop making these mistakes, the first thing you need to know is how to create your own strategy. You need to identify when it's time to sell, both winners and losers. And you need to make these decisions using less emotion and more strategy.
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