RE: 40-45p2 Jul 2020 21:05
Guys, I've made my decision on this, rightly or wrongly. Originally, I was looking to hold an 80% core and day trade 20% in AML. I'm now going to trade 15% elsewhere and leave an 85% core to ride it out as a long hold pension share. I still TOTALLY believe that it will give a great return in 18 months plus. However, it's going to be a volatile beast to trade into consistent profit, hence parking 85% and taking the 15% left into other, more predictable areas. The big thing for me is that it's an emotive share - and those emotions have lead me to spend FAR too much time trying to work out a way of making consistent short term gains. To be frank, it's proving a huge distraction!
So, it's still HOLD, HOLD, HOLD for me.......but I'm taking a smaller amount of day trade money out to look for other opportunities. Gonna put my 85% (of a sizeable chunk) in a bottom drawer and throw away the key for now.....
Revist it every 3 months, not every three minutes!! Thoughts?