RE: Good morningNeil18 Aug 2022 10:11
when to sell
THATS THE BIG ONE.
I am about £70k down from the highs in Jan ish (up over all ) but down if i would have sold some at the tops.
Hence today even though I think BP will hit 460+ I sold 25% today at 54% profit. plus also kept the div just gone by.
I am fed up of loosing profit the last 2 years, now I know on that sell I have made 53% and it's mine for keeps.
we are going to hit a recession, I think you need 40% cash out at least by the end of the year, stuff like RR I know a lot are in, but you just forget for 3 years that one.. But some of the big boy shares imo take some profit NOW. we will see a bleak 2023. I know a few big, and I mean big traders who are all out already like 1 mil £ out. or at least 50% out.
Oil is a funny thing BP now follow the oil price 50% people say oil will be $70 50% say it will go back to $130
and I am talking top experts not people on here. it's pure gambling atm it feels like.
now while I have typed this oil price has just shot up so has BP again lol. but it can easy be 380p again...