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Alias Born 09/01/2004

Re: The Grabber post# 16961

Wednesday, 08/31/2005 4:39:06 AM

Wednesday, August 31, 2005 4:39:06 AM

Post# of 47306
Its a Sale!!
Just had a sell in Smorgon Steel (SSX.AX) which I merging into an LD-AIM program a few months ago.
Purchased at $0.91, sold some in February for $1.34 and now just sold some more for $1.48 a nice little 62% gain.

It is amazing how after many years it is so much more gratifying to see more profits on stock trades than losses.
As we all know the hardest thing to do is follow the mantra that sounds so simple "sell your losers and let your profits run".
It's a great hindsight statement spoken at many seminars probably by people who make more money from seminars than they do from stocks.

Regards

neil
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