tag:blogger.com,1999:blog-2295731054702458126.post200874180232834591..comments2023-09-29T01:12:14.518-07:00Comments on black swans & white crows: Swing Trading and Short-Term TradingMMhttp://www.blogger.com/profile/15009310068685538240noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2295731054702458126.post-5220249434934353762011-03-31T04:45:26.341-07:002011-03-31T04:45:26.341-07:00:-) so... did my sale of ZSL violate my own sell r...:-) so... did my sale of ZSL violate my own sell rule to not sell based on price? No, because decision to sell was partially based on desire to move more into what has become a 3-bagger on its way to the 5-10 range, LSCG.OB.Cooking Alexhttps://www.blogger.com/profile/05953639821905920152noreply@blogger.comtag:blogger.com,1999:blog-2295731054702458126.post-31492726064289182352011-03-31T04:41:17.205-07:002011-03-31T04:41:17.205-07:00I'm both a buy-and-holder and a mid-short term...I'm both a buy-and-holder and a mid-short term trader. My sell rules are strict: only when another action is warranted, not based on share price. I do not like a position to be liquidated merely because the market has swooned 15%; if I have a position, it generally means that I intend to hold until a 5-10 bagger can be realized. I bought WSFL.PK 7 yrs ago and accumulated on way down; it is only now showing signs of life. Conversely, a contrarian view of silver gripped me recently, so I bought ZSL, held it from 26 to 27, lost my zeal to ride it down, and sold before it continued it's downward 2x-inverse-price-of-silver plunge. I do expect, however, silver to reverse it's suborbital rise soon, as investors reposition themselves for equity bull movements.Cooking Alexhttps://www.blogger.com/profile/05953639821905920152noreply@blogger.com