OT: Poor Job - I've done a very poor job in the last week of locking in my gains. I had 20% gains on 4 of the 6 in my portfolio. The gains were sitting there for days and I never took the 20% and ran and moved on, or sold 1/2 even. Am doing very well on my entry points with my positions. I just need to work on the exits more still and also trust the charts.
Smurf reminded to take the gains on the up days. I didn't. Shame on me.
These last few days were coming and I knew to take the gains. I didn't. Will try not to make that same mistake again.
Will be looking to get gains on any of the positions I hold and then re-evaluate the overall market, before buying in full force again. IMO, small corrections of 5%-10% or so seem to take 6-12 weeks from start to completion.
I'm keeping this in mind, so that any rally at the moment, may be short lived, or the charts may continue the trend lines. But will be watching everything closer than I have been.
BOL to all. Have to admit failures as well as successes.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
