Exit Strategies

[pimpit]

My exit strategie is pretty pathetic,

if stock drops 20-25% of its profits and breaks its uptrend, I sell. Couple of times I sold out too early.

what is yours?

[Snow Leopard]

A beer thanks.

[pimpit]

PT: do you have the beer before you exit or after? or do you exit while having the beer?

[Lizard]

I prefer selling too early over selling too late. For some reason, it seems to cause me less angst. MFT being the exception.

My main trigger is when a stock is more than 20% above my valuation. But it's a rough guide only, and I keep a close eye on anything over what I consider to be fair value.

[Mick100]

quote:Originally posted by pimpit

PT: do you have the beer before you exit or after? or do you exit while having the beer?

The best time to exit is before a bear [8D]
,

[pimpit]

quote:Originally posted by Mick100

The best time to exit is before a bear [8D]
,

now I remember you, you were the first to notice snipers gone. you are the bear. [xx(]

[Mick100]

quote:Originally posted by pimpit





now I remember you, you were the first to notice snipers gone. you are the bear. [xx(]

And your the pig [|)]
.

[pimpit]

quote:Originally posted by Mick100


And your the pig [|)]
.

while you are hunting wild animals I am making good money. [xx(][xx(][xx(]

[ratkin]

Looking at my long term holdings over the years i would of done better if i NEVER sold a single stock.
Sure a few companies i would of gone down with the ship, but there were plenty i exited which went much higher

[pimpit]

I hold max of 20 different stocks at any given time,

I track them using yahoo/findata, and set sell triggers at -10% and -15% (as its delayed). When its passed -20% its definitely a sell. There are several of exceptions, but 80% of them get sold at market at –20%. I keep track of volume and time to some extent before hitting the panic exit button.