Empathy from me! Doing that would require getting the timing...

Empathy from me!

Doing that would require getting the timing right for two stocks.

I've learned that everything I've learned is bunk. I bought QANTAS at $1.25 and sold when my 10% stop-loss was hit. Look at it now! That taught me that blue chips don't go bust. So when Arrium went south I keep averaging down and rode it right into the ground.

I sold Data3 when it started to retrace and bought Cirrus Networking because it was poised to take off, thinking to use the Cirrus gain to leverage up later on Data3. And it was Data3 that took off and Cirrus that just sat and sat and sat.

I don't try to guess the timing anymore. I just pick a good stock based on fundamentals and let it come good whenever that happens. Sometimes I sell if the fundamentals change, or if I come to believe I read them wrongly. But otherwise my portfolio tends to be very static.