re: diversification - trailing stops Keith,No I don't put any...

re: diversification - trailing stops Keith,

No I don't put any value or level on it.I guess what I'm saying is I sell when I see no hope of price going up or price falling or threatening to do so.Its a complex decision and is made from different angles which can be anything from bad ground,lawsuits,bad managing,general feeling of market towards company,even gut feel.Like I said anything.

If I put technical stops on all my fundamental trades I would have been stopped out of QGC,TOX,MOE,LAF just to name a few,and I have made a fortune on all of them.

I'm about 40% down on ADY but still in because I'm letting it take its natural course,fundamentally the company offers huge upside and I believe it will go up eventually.I'm making the decision from a fundamental point of view.

I don't use trailing stops either when I invest fundamentally.I would have taken profit plenty of times only to see more profit elude me.For example I bought TOX at 2.9 cents and would have sold at 4 cents only to watch it go to 7 cents.Anyhow if you keep getting in and out of stocks it voids the 50% gst discount.

If you are new to the market its very hard to make these decisions but through experience it becomes easier.

I system trade as well but thats been put on hold because I used the funds to buy TOX when they fell back to 10 cents.System/mechanical trading for its very own survival needs to have fixed stops.I trade through my company.

Cheers