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Flats
09-20-2007, 08:18 AM
HI i have been trading the past week and i have bought many stocks (6) that i am holding right now the stock that i have are xom,intc,ed,epd,wb and mhs. I am currently ahead wright now but mhs took a hit yesterday and i was wondering if I should stay with them or sell. It still looks like a good stock but i should of sold when it hit 90 something.any other comment about my other stock will help to.

thanks

Michael

AJLightning
09-20-2007, 10:19 AM
HI i have been trading the past week and i have bought many stocks (6) that i am holding right now the stock that i have are xom,intc,ed,epd,wb and mhs. I am currently ahead wright now but mhs took a hit yesterday and i was wondering if I should stay with them or sell. It still looks like a good stock but i should of sold when it hit 90 something.any other comment about my other stock will help to.

thanks

Michael



let your winners run....tighten stops as it goes up

cut you losers at 8%

Stin
09-20-2007, 02:57 PM
Does everyone subscribe to the cut losses at 8% rule? (Buffett's I think?)

AJLightning
09-20-2007, 03:24 PM
I think it's pretty much a "golden rule"...
I know some guys on here go a little higher, like 10%.
You just have use you own judgement

Thierry Martin
09-20-2007, 06:22 PM
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