XAO 2.08% 8,170.4 all ordinaries

Short Term Trading Weekend Lounge: 18-20 Jan, page-18

  1. 7,568 Posts.
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    Might I suggest a topic??? How do people organize their sells?
    It has not been a problem for me for sooo long... usually I have to trade to rescue my position [tedious]. This week I have been making good profits on AIS. When I buy, I preset my minimum profit level and sell when it gets hit [depending on momentum].
    I have multiple parcels each with their own independent trigger and so it is a rolling accumulation [I keep 15% profit as cash and overs goes into free carry]. If the stock retraces I re-buy... if it continues to run I pyramid [or... sometimes top up an unloved holding if that's trading at a bargain level].
    I raise this as a topic because I am trading AIS even though I believe it is going to run... it is amazingly difficult to pull the trigger. So.... how do others deal with this... I think selling is a much harder skill to master than buying.
 
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