RE: 260 resistance broken21 Oct 2020 15:11
I was 72k up at 400 but sold at 340 taking half of achieved gain at 36k - had I have waited I'd have lost the lot & even gone into original capital as a loss on this weeks drop. Now here I am riding it up again with profits so nothing to loose. Learnt 3-4 times this year to take the profit in likes of Amigo, PETS, AA, Tullow & been punished when I didn't with IAG, CCL, TUI loosing very healthy gains. I set sell order limits on everything now to take out emotion of taking a gain. I thought BOO would hit 450 after results (got that wrong) but it will get there some time. Up in Alba, Vela, Icon, SYME etc but I still have sell orders ready to ditch once profit target hit. I find a sell limit healthier than a stop loss. Anyway that's me. I Aldo average down on most dropping shared that don't hit target, like I did with ASOS as 4500/4600 was a steal. I didn't doo that with BOO as press/sentiment was so negative I could feel a larger drop inbound.