RE: May you live in interesting times.....19 Feb 2020 21:11
yes, true, it was occaisionally bedlam, but it in nice way. I think I had admitted before that I have sometimes missed a spike/shake because I was busy else where but until I get some of these side issue shares sold off, I am sort of stuck.
One that I did sell 2 or 3 weeks ago, WJG, one of my best earners, has continued to rise since I sold it (of course). Regrets? well you know how many of them I have.
I am currently addicted to NMC and, as you know, that takes a lot of watching.
Another way of using tranches is the "time slip" method. Assume you have just sold XXX but it continues to rise, so you can sell the second tranche...so it just averages your price a little better. But if you had hit the maximum with the first sell, things don't look so good. One approach is :- With high confidence in the approaching maximum, spike, sell both tranches.
Interestingly, I obtain better quotes with smaller parcels, especially true with SAGA and some of the AIM shares I deal in. This price differential easily outweighs the extra dealing charge.
Think I have blown it with LLOY for tomorrow, the constant drift down lately suggests to me a general expectation of the market taking LLOY results badly. Ho hum.
P.S. I did have chips with my Chicken Royale