SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (57471)6/30/2016 1:07:44 PM
From: richardred1 Recommendation

Recommended By
E_K_S

  Respond to of 78752
 
How ironic when I was first writing a reply. I didn't realize Hershey received the takeover bid.



To: richardred who wrote (57471)6/30/2016 1:40:39 PM
From: KonKilo1 Recommendation

Recommended By
richardred

  Read Replies (1) | Respond to of 78752
 
I agree, to a point.

There are many ways to make money on the market, dependent on one's needs and timeframes.

I have swing traded for twenty years and made enough to retire early.

My practice was to partially cash in short term wins and if the fundamentals were suitable, to let the essentially free shares ride long term.

Now that I'm getting up in years, I am less inclined to carry shares long term, so now I tend to cash in a higher percentage of the gains. (The Roths I use for trading make sense for this strategy.)

I think what I'm trying to say is that there is really no one-size-fits-all approach, and that we all should be accommodating to our ever-changing situations.



To: richardred who wrote (57471)6/30/2016 2:37:12 PM
From: Micah Lance1 Recommendation

Recommended By
E_K_S

  Read Replies (2) | Respond to of 78752
 
I'm not sure when you look to sell a stock, but FWIW Graham preached either a 50% gain or 2.5 years. I've seen people like Burry say to sell if the stock pops 30-40% within a short time period like 2-4 weeks as well.