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International Investing / Australia (All-Ordinaries)

URL:  https://boards.fool.com/the-result-out-with-a-small-loss-and-have-missed-16744900.aspx

Subject:  Re: Options Date:  2/17/2002  1:33 AM
Author:  fatcassie1 Number:  3595 of 6186


The result- out with a small loss and have missed the 70% rise. Not saying this is the wrong thing to do- just putting it in for comparison.


Hi Barcoo,
Yes,tricky thats for sure. I guess its a tradeoff at the end of the
day, you might lose some upside but as none of us can see tomorrow
I think that at times it's prudent to preserve capital and live to fight again another day. Even folk who are really commited to ltbh
should I think have a point at which they will sell.

Having said that though, when I look at my last financial yr
buys and sells its pretty much in favour of not dumping and running
in a hurry. I'm in profit, but I would have been richer for holding
longer in most cases.



No, I havn't gotten to the Buffett books yet, but I hope to
catch up with some reading soon,
Doing Darryl Guppy's TA course atm..and trying to sort some good longer term buys so I can concentrate on other stuff.
I dont have any of that sexy charting software, so I find
all the research part very slow and time consuming..
( too much sitting at the computer for hours, feeling like a battery chicken.)
Getting it sorted though,

Cheers.
FC.


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