I’m buying diverse sized stocks for growth (aka, I don’t want a short-term return, if not, keep them for a while).
I would like some advice in relation to when I should sell a stock. I read several posts however I did not find valuable advice. Most of them say that I should sell once it reaches a loss of between 10% and 20%. But, if we check, for example...
Apple (market value)
- It lost 15% of its value the last month
- It lost 10% of its value the last year
- It increased 90% of its value the last 5 years
Everything is timing and I do understand that. However, Let's say that I bought Apple stocks 2 months ago. At present I have a lost of aprox 15%, but, probably Apple will recover. In this case, when would "be logic" to sell...?
Now, other example: smaller cap and more riskier
CVRS: Corindus Vascular Robotics
- It lost 7% today
- It lost 7% last week
- It increased 9% the last month
- It increased 220% the last year
- It lost 24% the last 5 years
Here he fluctuations are more marked and so the possible trust of growth of even recover.
In this case, when would be "logic" to sell...?