Oh good on your IMU :) I think my brother has the 5% rule on...

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Lady Penny

13,081 Posts.

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08/03/24

17:28

Post #: 72819940
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Originally posted by Joannie ↑

Hi Penny,

I have made every single mistake in the book. ZIP is looking good again for future growth.
I have been running around like a headless chook, ever since I started this game.
I now have just 9 shares and seem to be doing better.

I have no plan lol, that is my problem.
I need to make a decent plan and stick to it.

When you say you sold at 90% that sounds sensible.
I guess you make more money like that than waiting for the Disallowed?

If I had worked on a percentage, I would have done so much better, I have in the past, hung on for grim death to shares that had dropped, silly me.

I have over 72% in LTR, but am in the red because of again, making foolish mistakes.
If it comes good, hopefully I will retrieve most of my losses.

Thanks for the insight, much better to keep making 10-20% like your brother, but how low will he let it drop before he is out, 5%?
That is the difficult question as shares as you know, are so erratic through the day.

I have a fair chunk in IMU the cancer one, which is up 7.82%. I hope that does well.

Did you find the pearl pins?

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Oh good on your IMU
I think my brother has the 5% rule on loss, he's very disciplined but then I don't think he really tells me all his real losses. We don't really share on our portfolios as he travels around a bit.

I did find the pearl pins, thank you. Really pretty. Lots of variety and ideas on there.
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