RE: Net bought today.....25 Aug 2024 21:40
Oldbutnowisa hey,
I have always use a trading pot in all the stock on my portfolio, the size is vary to any individual pending on few facts like the amount of total shares, prospects, risks involved, and others.....
Over the years I found this method very useful to my needs and of course rewarding overall...
As for here, I currently found myself in a position where my current holding (circa 4 millions) is way above my normal holding to a single stock as a percentage of my portfolio,
This is as a result of ecumilating mainly in the last 3 months when I felt it's worth doing so whilst the price was low and very tempting.....
My average is still a wee bit higher than 1p because of old stock bought years back at above 6p......
Inline with my strategy to derisk my position I will sell 10 to 15% of my holding when my 1p target achived, and yes I am fully aware of the near to mid term potential SP to rise much higher hence my plans to still hold enough for much much higher rewards.
Thanks anyway for your advice mate.
ATB to you as well.