We follow 40 to 50 stocks at a time and update them on the fax when significant changes occur. We do not use any formulas and prefer to see how the stock performs over time. Everyone has their own tolerance levels. Some prefer to take quick profits and others are willing to ride the stock as long as it keeps going up. We provide target prices on the chart, but please do what is comfortable for you.
Sharp pullbacks are common.
Having said all that, do not let losses exceed half your profit objective. It is better to have 10 small positions than 1 or 2 large ones. We thank you for subscribing and hope our service will prove profitable for you. Should you have a question, we are more than happy to have you call.