what's your experience of holding spiking stocks?

[jeff]

If a stock is rising slowly I have no problem holding it for the long term. But when a stock I am holding spikes 50% or more on one day, I am always scared and think it could come down quickly as well or as least pull back 20%, 30% or more. so I always sell into spikes. WIN.TO I sold half when it spiked. IEX.TO I sold out when it spiked. What's your experience of holding spiking stocks?

[aaron28]

My experience is similar. I usually try to beat the market and sell before the spike. I think periods of intense trading are volatile. I reap the profits and don't look back. I look for another stock that is trading fine and then I'll move on. "Bulls make money, bears make money, pigs get slaughtered."

[Anna1]

I'm new in this area, so I haven't got any experience yet. Hope to learn something from this thread Thanks for your posts

[bryanmcn]

Hi Anna

This board has been very quiet since the 2008 crash. It gets worse in summer.
The recent correction has sent many trader / investors into hibernation (including myself) but the SSP indicator has finally turned up and several stocks in the portfolios look like they have some upward potential.

Bryan