Thursday, February 20, 2014

Sell some and enjoy


As in 90% of declarations this blog, this is also just a suggestion.

If you're seeing +8% or more in any of your holdings, sell some and then set a trail stop (like not less than 3% if suddenly there's strong selling) or maximum gain (like +15%, to be set according to your greed) on the rest. If the index fails to breach 6400 - 6450, at least you've taken already some profit. At minimum, your cash position will be healthy again. And you can take advantage of any temporary correction, which is probable to happen in the coming days.

And at the most, you can enjoy some of your gains. Buy a book or a gadget that will make you remember the bet in MEG or AGI that delivered to you that toy. Or... travel. You're buying time not just the experience. We're all not getting any younger.

We're going to El Nido -Miniloc ourselves 1st week of March, partially paid by gains from my 2nd (nimble) port. Sold some gains from my 2nd (bigger port) as well, but overall there is still paper loss at single digit.

Good luck on your own trades. Go  first / second liners / highly traded muna.

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