Mr TFF what you say is very true. However it needs to be...

Mr TFF what you say is very true. However it needs to be balanced with how much you lose. If you buy at 34.5c and sell at 29c then you have a mamageable loss and you can live to trade another day. If they drop to 5c and you sell then perhaps ones share trading days will be over. The other advantage of sometimes cutting your losses is that if sold and 29c and the share kick after they hit 5c you have an opportunity to reinvest and make a profit on their way up.
anyway as i mentioned somehwere else I have been trading shares from before man landed on the moon and that was a lot harder then as every trade was manual and required a phone call to the broker and that sometime meant a short walk to the phone box down the street with my sixpense to make the call.