I'd like to ask if members have different plans depending on whether they intend to trade or hold stocks. I've read a good deal about trading plans and I intend to start a small trading portfolio on the basis of some on this advice and my own ideas but I'd also like to hold onto the majority of my current stock as an investment.
I just want to have a plan for the next GFC. I held recently because selling would have meant capital gains even at 50%. I did a short evening course at TAFE and their approach was to use averaging down and in hindsight that would have been profitable but needless to say I didn't do that either.