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JJ8

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Alias Born 02/13/2012

JJ8

Re: JJ8 post# 13045

Thursday, 10/18/2012 3:54:49 PM

Thursday, October 18, 2012 3:54:49 PM

Post# of 22506
Dan, in my experience, taking profits is among the most important of stock investing and money management skill. Profit is when it is REALIZED PROFIT and not on the books.

Personally, I do not care... when the stock I sold goes up. SOME WILL for sure. The goal is MAKING PROFITS and not trying to guess where the price of any stock is going, where is the top.

The GOAL is making profits and not trying to be right in catching tops or bottoms in price movements. Those are elusive and one can ONLY know looking back. I get my profit and move on.

I follow my plan and do not get involved in any chase... unless of course that happens also to be in my plan as a factor, in harmony with my goal suitable for my own specific circumstances. GLTU!

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