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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: stevenallen who wrote (5277)8/18/2001 6:28:59 AM
From: ToTradeWell  Read Replies (4) | Respond to of 6873
 
Any advise on allocation? Is it wise to sell a first position of 25%, or what? When do you usually sell a second position? After a rise of ?% or dollar amt? If the stock starts falling, do you ever sell more on way down?

I usually take positions in the right stocks, but too often get stopped out (rather than allocate) only to see the next day the stock fall like a rock. My initial position is usually probably too large too.

How did you learn allocation? and the patience that goes with it?
Thanks!