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Online Share Trading

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When to sell ???

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Plonky
Super Contributor
I bought into OML just over R5. It has run well now, and methinks it may be time to get some profits. Whats your call on a good price to sell at ???. I am hoping to get close to R7. (Yes, I know its greedy !!!)
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4 REPLIES 4
SkarlakenKoos
Frequent Contributor
My current strategy does not allow me to tell. I buy for divs. However, when I did buy and sell, I found the best strategy was to set a trailing stop loss of 10% and then let the market "take you out". That way, you'll get the maximum price, -10%, as oppose to guess where it will turn.
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Plonky
Super Contributor
Thanks, I'll try it... watch this space.
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Not applicable
UK Analyists reckon R9 maybe R10 by end of March....WATCH THIS SPACE!!!!!!LOL...big grins on this one...
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Aellis
Occasional Contributor
Should have - I sold at 7.09 but will buy again at below 6.00
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