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08/06/15
12:01
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Originally posted by Aussierat
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uncleart - I don't tend to set a sell price, I use conditional sell to gain the most out of the increase. Once up 20%+ you should never lose money. Set a conditional sell 5% above buy and let the share run. Increase the base conditional sell as the sp increases.
Often once I am up 100% I tend to keep the conditional at a close margin for sell. Often letting the conditional sell the share and do the complete opposite - Place a conditional buy at the high and lower as the sp drops. At some stage the share is purchased again on the bounce.
Sorry for the long reply - 10c would be nice up to the start of drilling, after drilling with a great result, we should see 30-$1.00
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Thanks Aussie I appreciate your answer never even considered a conditional sells as you described. Much food for thought in your post and many thanks for that. I have a very late shift tonight so plenty to think about.