LYC survivability?, page-37

The first thing you have to work when you start trading shares is what kind of trader you are. If you have time and energy to follow stocks closely then you can trade more short term taking profits on the volatility of smaller shares.
If you don't have time to keep a close eye on your shares then best stick with bluechips.
I try to only buy shares I wouldn't mind getting stuck with because I know that fundamentally they are good companies under good management but I am happy to sell them and buy back in if they go up and down.
It depends in part on how hard you want to work your capital. I needed to build up my capital as I started out fairly small so I work on the following principals.
Ride the trend. Trade the spikes. Know the difference. Take the profits.
Make trades based on logic not on emotion and, once again, know the difference.
You might try clicking on the link at the top of the thread and see what the advisor has to say about LYC.
ANOTHER THING. Buying a share is not getting married to it.