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Decisions Decisions no easy recipe for making them. Every one developes there own style and learns to manage their risks/money in a way that is comfortable to them. The only problem is that many times that style is not very profitable or contains unexpected risks. All the technical jargon aside you have to learn to assess situations as they present themselves. Buying a stock at a given price and deciding to sell if it moves +10% or -4% is all well and fine but what about the situation that makes the stock move? That needs to be addressed as well and added to your evaluation prior to deciding to sell. Maybe news comes that makes it desirable to sell at +3% and with the low investment take a hit on fees.
The bottom line is that you do your best at the time and don't be afraid to change your mind as the situation dictates. Beyond even that though is the simple need to improve your ability to make these decisions based on your cicumstances.
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Joe Styles
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