You have to be disciplined and take your 10% to 20% gain. you can buy back in at other stages for another 10% to 20%, I find its the ego that likes the idea I got in at 18c and rode it over the rainbow to $4. I learnt the hard way when i watched a mining stock drop so fast as soon as i could type in a sell price it had fallen through it, phoned my Broker which I very rarely do and during me dialing it collapsed.
If its a good week my money is back with me by Friday sometimes you have to wait it out but you have seen the gains lately. 10 % in a volatile market is a 3 day wait. Remember the bank will give you 3% and managed funds 8% p/a. So anyone pulling over 8% is beating the status quo.I only carry one accumulate stock which I buy every month.
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