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Strategies & Market Trends : Charts for Breakout II -- Ignore unavailable to you. Want to Upgrade?


To: Vegas who wrote (1705)11/7/2003 7:19:37 PM
From: Julius Wong  Read Replies (1) | Respond to of 8531
 
I have two books on selling.

Wnen to Sell for the '90s, by Justin Mamis, Fraser Publishing. 1994. ISBN 0870341162.

It's When You Sell That Counts, by Donald Cassidy, Revised Edition, McGraw-Hill, 1997. ISBN 0786311290.

Highly recommended.



To: Vegas who wrote (1705)11/10/2003 3:12:03 PM
From: VIXandMore  Read Replies (2) | Respond to of 8531
 
Thanks to Vegas, Ed and Julius for their comments on when/how to sell winners.

As my trading style has evolved over the years, so have my selling "rules." For the most part, when it comes to seling winners, I've moved from % gain to an effort to use technical sell signals, mixing individual stock performance in with sector performance and broader market index performance. So far, my success has been mixed to good, but I like the approach a lot better than having a predetermined exit point that doesn't include any TA. Perhaps, most important of all, I've lost my reluctance to buy back winners after I've sold them and they've continued to move up.

For Julius, thanks for the recommendation for the Mamis book, which I have on order from Amazon.

Does anyone think this topic is interesting enough to warrant a separate board on SI?