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Kit Walker

9,668 Posts.

1163

31/08/20

17:29

Post #: 46962144
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Originally posted by Immetoday: ↑

I run a 10% rule......no matter what gain a stock is looking at ‘possibly’ being I jump ship at 10% (not inc brokerage) this is also mated with a 2% stop loss.
I sell at 10% and if I think there are more gains to be had I re-buy.

I absolutely understand I miss out on some gains and realise I am paying extra brokerage but I find it works well for me. Today for instance I was in and out of ROO 3 times.....$1,000 parcel each time to keep in the $10 CommSec brokerage bracket (I don’t normally re-invest gains).

I normally run 2-3 open positions at a time on these day/short term trades but also have my medium/long term stocks which hold the largest portion of my investment......short term stuff is the fun that keeps me interested.

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Thanks, interesting post. My portfolio is doing well .Have held stocks for 2 to 3 weeks and are up by about 11%. Time to sell but as I said it is hard to forego possible further profits. Stocks can easily fall dramatically as I have learnt but yet I still hold
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