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Sell and take profits when chart has hit highs.Take a rational...

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19/12/20

00:20

Post #: 49696138
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Originally posted by rick64: ↑

Hi guys, just done the books. Hardly trading lately as have not been traveling too well.
Started keeping proper records start of August. Went great guns for about 12 weeks but since then have just gone backwards. 8 straight weeks of losses, surely this unusual?
Have not lost any of my capital, am still up just 15%, but have forfeited about 80% of my gains in that time. Not sure if any of you guys have experienced such a bad run, but I am at a loss on how to overcome it. Apart from hardly trading, it seems all I can do it let it pass?

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Sell and take profits when chart has hit highs.

Take a rational view of a coys prospects. Eg: MSB being the source of a vaccine for Covid? Look at their history. Was never gonna happen. Take the windfall profits and get the heck outa there.
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