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Re: timhyma post# 955

Thursday, 01/19/2006 4:48:06 PM

Thursday, January 19, 2006 4:48:06 PM

Post# of 1036

Thanks for your input...Sorry, I somehow overlooked to answer your post...

>>>I noticed a couple of your trades, from my perspective, were emotional. I would challenge you to try to take that out of play, and know your entry/exit and targets before you enter a trade.<<<

Which particular "trades" did you feel were emotional? Am very curious to see my moves from your perspective...will appreciate your feedback...

As I have stated in the header of my board, this is not a "trading" portfolio, but is truly an investment portfolio. Because of that, I do not go in with a predetermined exit price target.. My final exit price target is actually determined by my read of that particular company's "story." If I don't feel that the story is as compelling as it was when I first invested in it, then I will liquidate my entire position. Otherwise, I will stay in there...However, I may take profits from time-to-time, whenever I feel that the stock's technicals dictate as such...

And then of course there are investments in companies, whose game plan does not impress me anymore, but the original "story" still feels their case(s), I will hold on to a very small position just for the sake of monitoring their story(s)...


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