lots to read after neglecting synergy this weekend. Good to see gold in asia up. But i like this topic Wolfster as I trying to put together a strategy at the moment as well. I have tried to opperate by the quote "let your profits run and cut your losses short" but it is certainly difficult. In the case of EVG i should have cut it but i didnt because i still think there is value and i bought lower, same with RDI and in the case of EAS i think that stock has much further to run and im getting very over weight in it but i think it will continue higher. I battle a lot with when to sell/buy but every one tries to find a technique they are comfortable with i think. I personaly dont usually go over 20% weighting in one holding but that being said EAS is aproaching it and im not taking that one down.

But all of this being said i have a stupidly high risk tollerance. My school is paid for by my job, i dont have rent or a mortgage and i bus to school and work. Safe to say i have low expenses and no worry of scrambling the retirment egg. But i am in the same boat as u, i have been edging in to positions with more and more each time. I started with 1000-1500 a position and now im comfortable droping in 4000-5000 at a time.

And if i am allowed to have a tip this early in my trading it would be that the best thing i have ever done is work on my trading psycology and emotion and shoot for the stars. Keeps me positive and makes me determined to correct loosing runs.

"Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long"

-Linda Bradford Rashke (rule #28)