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Old 12th September 2004, 04:45 PM
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Default Hello

Hi!
I am a new comer in to the world of stock trading. Have been trading for last six months only. Till date I have sold my stocks as soon as these have appreciated 10%. All my investments have been in leading stocks only.

My first question is: Should I continue to sell at 10% appreciation and thus keep booking profits or is it a bad idea to keep booking profit at just 10% appreciation.?

2nd question: If a stock is good, should I sell it at 10% appreciation and buy it again (if yes then at a price lower than I sold or whatever price it is available). Is regular profit booking a good idea or should I go for long term investment and sell only when the stock has reached say 40-50% appreciation atleast.

Desh Deepak
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