Dave,
I too continue to have trouble with "when to sell".
I usually have 2 modes of playing the game - when I have more time to pay attention, and when I have less.
When I have less time, I'm "investing" - follow the plan, let the stock stop me out if it needs to, tighten the stops daily or so on rising price action, and if I ever get to the happy place where DW recommends selling a third or a half, do that.
When I have more time, I'm "trading" - with the big difference being that I'll either tighten the stop intraday, or if I really don't like the way the trading feels, I'll change the stop order to a market order and bail on the spot.
I wish to Heaven that there was some way I could make this more mechanical ... without giving up my day job.
I to am REAL interested in this subject, having played and playing with QCOM, JDSU, EXDS, CLRS, ARMHY, and a few other colon looseners.
Best P&F to all,
rr |
