I'm fairly new to share investing and have only recently gotten into a few exploration stocks.
I was watching a business show last night and one of the guys on the panel said "If you don't have a strategy, well you're simply gambling".
I don't have an exit strategy at the moment. What do you guys do? Do you wait for the stock to hit 100% profit then take out half to cover your investment?
Do you adjust your strategy according to the different stage that a company may be in such as exploration, drilling producing etc.