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Good fundamentals are all well and good. However, even s tock with the greatest fundamentals can't withstand an opposing trend from the overall market. So be sure to be monitoring the NASDAQ; S&P and the DOW..and especially if all three have been going down; don't buy a stock expecting it to go up in such a negative environment. Or if you do, be sure you buy it with the intent to sell it if it goes below a price you are comfortable with so you will only sustain a small loss. In other words, buy it with a stop-loss order in place. If the stock moves up you can move your stop-loss point up and keep doing so while locking in gains as the stock rises. Even a stop-loss order won't protect you completely as the stock price can change dramatically over-night but it is better than nothing.
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