Re: information
iceman, you've made a good start by being here, there's lots of free information and guidance, by real traders, not book-writers or newsletter vendors.
Start with what you have. Are your shares in profit where they are now? If they're in the money, are they rising further? If not, what are you waiting for?
If you're down on a share, where will you get out: -10%? -50%?? -90%?!?!?!? If you are down on your shares, and close the losers, will you still be able to trade or are you wiped out? Being wrong isn't bad its just an overhead of trading: its staying wrong that is dangerous. Before buying another share, work out what you could lose before you start dreaming of what you could win. Work out what price the share wiould have to go to to prove you were wrong to buy it: if you are wrong, get out. |