Australian (ASX) Stock Market Forum

Sell part of shares if doing well?

Haha. I agree I'm in a good place. Blessed.
a relatively easy option:
put a trailing stop loss , can be fully automatic based on your broker
and if keen:
a tight let's say 4-5% trailing stop loss for half
and a wider -15%/20%for the rest..sooner or later you have to decide to sell..
This removes the human weakness from the decision
I am not good so prefer to rely on systems or hard figures
Lastly, you could make the sell decision based on a simple indicator moving average etc crossing..remove human component as well and save you from keeping stale positions
If this helps
 
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