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Let your profits run and Cut your Losses
"Another fallacy - Exit when you make an 'above-average' profit ie 50% gain in 3 months."Yes, I choose to let my profits run and cut my losses using trailing cut loss of 25% (but very troublesome, have to update my excel sheet daily with the highest closing price since i purchase the stock).. A bit wide but it will not force me out easily with whiplash on the stock …
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wealthjourney Posted by wealthjourney User Menu
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on December 10, 2009 at The Wealth Journey

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