Loading ...Many wavers have commented on the unusual chart patterns particularly in pms. This primarily applies to the mid caps and bigger. I will let you draw your own conclusions as to why. In any case, it has added to the difficulty in trading.
With all pms I am trigger happy to sell. Any news that could be negatively construed or negative as say dilution, I sell most or all.
I wouldn’t let a big cap drop more than say 20% and the juniors say between 30 – 50%. You just do not want to have a position that has no hope of seeing light.
Of course this leads to the occasional outcome of having sold a 10 bagger by not being patient enough. Still I do sometimes rebuy one that I recently sold.
Also I don’t like having a large amount in one name so if that happens I sell some.
Just how I do it, missing the big gains but also missing the loser pain.
aurum