XAO 0.56% 8,612.6 all ordinaries

Might I suggest a topic??? How do people organize their sells?...

  1. 4,839 Posts.
    lightbulb Created with Sketch. 328
    Might I suggest a topic??? How do people organize their sells?
    It has not been a problem for me for sooo long... usually I have to trade to rescue my position [tedious]. This week I have been making good profits on AIS. When I buy, I preset my minimum profit level and sell when it gets hit [depending on momentum].
    I have multiple parcels each with their own independent trigger and so it is a rolling accumulation [I keep 15% profit as cash and overs goes into free carry]. If the stock retraces I re-buy... if it continues to run I pyramid [or... sometimes top up an unloved holding if that's trading at a bargain level].
    I raise this as a topic because I am trading AIS even though I believe it is going to run... it is amazingly difficult to pull the trigger. So.... how do others deal with this... I think selling is a much harder skill to master than buying.
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
(20min delay)
Last
8,612.6
Change
-48.600(0.56%)
Mkt cap ! n/a
Open High Low
8,661.2 8,682.0 8,606.8
XAO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.