I've been practicing on the platform for a few weeks now and bought some shares of WEMABANK and PRESCO just to see how things move. My portfolio is showing a small green profit today, but I honestly have no clue what triggers a decision to actually sell versus just holding forever. How do you guys figure out your exit strategy when there's no real money on the line to panic over?
How do you actually decide when to sell a stock on the NGX simulation?
Beginner Investing
Asked by Ngozi Ade · 1 day ago · 4 views
1 Answer
Ah, my friend, welcome to the exciting part of the journey. When you are deciding to sell on the NGX simulation, you just need a simple plan, like knowing when to get off a bus before it passes your street. Some people sell to lock in their profit when the price goes up nicely, while others sell because they found a better company to invest in. Since this is just practice money, use this time to test your ideas and see how it feels to take your gains and walk away.
Ngozi Ade · 5 hours ago
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