Frank,
don't be pissed at yourself.......remember, you can't go broke taking a profit....just do it alot!!!!!!
Frank,
If I can share one bit of advice that I have learned which has helped me greatly in the past few years...that is, NEVER be afraid of buying a stock back at higher prices.
You made a decision to sell, great, super trade.....the MINUTE you have made the trade you now have money and you are now looking to put it into action. Do not turn away from the same stock you used to own if you see it behaving such that it looks like it will continue to run. I used to sell a stock and then, out of pride I guess, watch it and say, " unless it is lower than my last sale, I can't buy it " ..........LOSER MOVE!!!! HOw many times did I,and I am sure , many here, watch that stock go,go,go with me pissed every time she jumped as I never got back in.??????
With BII I did something smart I feel on this play....as you will remember, I had bought shares at 2.34 in my RRSP...I vowed to myself that I would not touch these until the stock really played out the " story"...... I also traded as you know.
Now.....I have been in and out of this baby so many times I am surprised on a day when I don't get a confirmation in the mail, but, MANY times I have been buying back at higher prices and VERY glad I did. Just in the past few sessions I have been selling and buying back a couple of hours later higher.......no problem......keep watching and if you like it...buy it....new stock , new trade.
Please everyone, do not read the above post as me trying to say I know how to trade stocks really well....I am just sharing a philosophy which has worked for me.....I have many, many, bad plays to my credit.........too many.
all the best folks.
Ohhhh it seems so long ago when we were guessing the opening gap at $2.50..............TONIGHT....I GUESS THE GAP TO BE A STRONG OPEN AT ..........$ 8.10.
YUMMY.
SG |
