As a newbe i am looking for some advice/information with relation to stock trading.
Appreciate if i some may advice on profit satisfaction (stop - sell trade).
Say, i have a stock trading for $10 and i am purchasing 100 shares. After a while (next day or end of the day) i can see that the stock is rising to $11.50 and possibly above.
Do i, sell the stock at $11.50 and be happy with the profit, or keep going to the point where the stock is start going down.
Should i introduce stop/profit line or introduce percentage profit on investment (say 5 %) ?
Another thing. Is there any program which i may use to track my investments so i can try dry run before jump into dip waters?
Regards - Medici