Australia's largest stock trading and investment forum Australia's #1 stock forum

Momentum Trading, page-3

First 3 Last

Share
Profile

Follow
Kit Walker

9,764 Posts.

1172

31/08/20

17:29

Post #: 46962144
Share

Originally posted by Immetoday: ↑

I run a 10% rule......no matter what gain a stock is looking at ‘possibly’ being I jump ship at 10% (not inc brokerage) this is also mated with a 2% stop loss.
I sell at 10% and if I think there are more gains to be had I re-buy.

I absolutely understand I miss out on some gains and realise I am paying extra brokerage but I find it works well for me. Today for instance I was in and out of ROO 3 times.....$1,000 parcel each time to keep in the $10 CommSec brokerage bracket (I don’t normally re-invest gains).

I normally run 2-3 open positions at a time on these day/short term trades but also have my medium/long term stocks which hold the largest portion of my investment......short term stuff is the fun that keeps me interested.

Expand

Thanks, interesting post. My portfolio is doing well .Have held stocks for 2 to 3 weeks and are up by about 11%. Time to sell but as I said it is hard to forego possible further profits. Stocks can easily fall dramatically as I have learnt but yet I still hold
2 Upvote

0 Great analysis

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

There are more pages in this discussion • 46 more messages in this thread...

First 3 Last