I think Lichello rules out selling a winner by not talking about it 
But he also gives as a rule of thumb "It's my job to make my portfolio fluctuate." So that could be a reason to sell a winner: when it no longer wins, but has gotten into the doldrums. Then the stock no longer fluctuates, and you are free to look for another.
And of course AIM wants us to sell winners automatically. It sells winners all the time. If you don't do vealies, a winner generates a heap of cash that doesn't fluctuate much. Why not convert part of it into other attractive positions.
But don't just cash out of your winners. Count your blessings! They come in at every sell point!
Regards,
Karel
But he also gives as a rule of thumb "It's my job to make my portfolio fluctuate." So that could be a reason to sell a winner: when it no longer wins, but has gotten into the doldrums. Then the stock no longer fluctuates, and you are free to look for another.
And of course AIM wants us to sell winners automatically. It sells winners all the time. If you don't do vealies, a winner generates a heap of cash that doesn't fluctuate much.
Why not convert part of it into other attractive positions. But don't just cash out of your winners. Count your blessings! They come in at every sell point!
Regards,
Karel
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