Hanging in!, page-2

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    Every 25% upwards in profit make it your new stop. or 10%, 15%......depending on your risk.

    Also depends are you a trader, or an investor?

    I'm a trader in 2 - 5 days average. (But can go as long as 2 months ) I don't like investing long term as your always at the mercy of the market, and know one knows what the future holds.
    I don't invest in company's, so I only trade the price not the fundamentals.

    Soon as I buy i put in an automatic stop-loss in place. (conditional order if with comm-sec)
    I adjust my stop every 20 to 25% to lock in profits, or will use the previous days low as my new stop. And adjust at end of every day. Just depends on the stock. For me if the stock is going sideways and i have not made 25% in 2 weeks or been stopped out I'll sell the stock and move on. As in one year i find i make more money this way.

    And ALWAYS use a stop-loss & good money management. Even if your an investor

    The list goes on & on.

    P.S. Have traded this stock four times. Last trade was in at 4.90 & out at 5.17 = 6 days
    and will continue to trade it as long as its in a uptrend. As i don't short stocks.
 
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A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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