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Technology Stocks : Dell Technologies Inc.
DELL 119.51-2.6%12:57 PM EST

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To: stock bull who wrote (58493)8/17/1998 1:19:00 AM
From: Xplorer  Read Replies (3) of 176387
 
I've found it difficult to us a % though I have tried lately around 12%. The times I've gotten in trouble is not to adjust it daily. I sold when I did not want to. At such times I make the wrong guess on which way the market is going. This is violating my own ground rules, and I take a hit (loss AND capital gains) when it sells. I'm not trying to Trade the stock but maintain profit. So from now on I maintain the 12%. I use a higher % after a split or if the stock price is under $70to$80/s. The ups and downs can exceed 12% at those levels I feel,so I use 16% to as much as 18%. Keep in mind that I use this "insurance" only to protect me for the day. After each adjustment on the down I have to decide HOW MUCH MORE TO THE DOWN I am willing to accept. Therein is the hard part! If anyone has that answer I like to know it.
I would also like to hear of other ways of protecting gains, anyone??
Good Luck,

Steve.
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