Short Term Trading Weekend Lounge: 25-27 Nov, page-46

  1. 1,020 Posts.
    holding several parcels has helped me a lot past few months. actually feel more comfortable with a bigger rather than small holding now... if i have a small holding and it jumps up a few pips i get nervous and sell, usually way too early and then no longer have exposure to upside. so if i can sell partial holds then i'm locking in gains but still giving it a chance to run, and then you can re-enter on retraces or pennant signals etc the whole way up if you want. i missed SAS but there were two perfect top up entries on that run up, FBR had 4 or 5 signals (sold that at 028!! wtf!!), even ICG has kept going, a 5-bagger from my average buy but i was happy with myself holding couple parcels of that up to 014... if i'd just kept a tiny amount it would've kept me interested and would've been able to buy again on that most recent signal. well done to anyone who held it all the way.

    lost count of how many times i've missed a massive run up because wanted to lock gains on a small holding. want to surf these long uptrends better.

    should probably research the pyramid strategy, heard it talked about, never got around to reading. some trial & error and common sense all i use but my best trade has been a stupidly overweight TSN position in which i had/have high conviction, sometimes you just gotta say yolo



    doubled down MCT yesterday, will buy again if 063 breaks

 
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