RE: Trading14 Oct 2024 12:42
"Great, you have finally confirmed you have a holding, small or large"
Wow, you really haven't read any of my posts have you........
"very silly to get off,"
Not so silly actually. Been in and out all the way down from 256p.
Bought at the lows when it went into the 40's and 50's. Came out when it started to fall back in the low 80's, been in and out numerous times.
The thing is: I am not greedy.
If I buy at 50p and sell at 60p I have made 20% ,real money.
If then it goes up further and I trade by buying in at 70p I don't think I could have held at 60p.
The 70p trade is anew one that is taken on its merits.
There seems to be a contest to see who can buy the most at the lowest price as though that shows better investment prowess, but it doesn't because none of us knows whats going on behind the scenes. Its luck.
So banking profit is never a bad thing in my book when you are buying and selling to make money, as opposed to trying to guess which stock will be the next lottery ticket.