The hardest thing for me is to just hold onto stocks that are doing well for me. My pharmaceutical positions continue to march higher and I have to fight off the urge to book profits every day. I own Merck, Pfizer and Eli Lilly and all seem to have broken out over the past few days. I sold covered call earlier in the month and partial positions will likely be taken away from me on expiration.


Anonymous said...

you can't use a stop loss?

Tsachy Mishal said...

I have it on as a relative trade versus the S&P 500. Not sure how to employ a stop-loss in that case.