When to sell shares - have I got this right?

ronaldadio

I’ve invested money recently in stocks. 

As an example, I bought Lloyds when they were very low. 

Now up 18% 
however, they’re still well below what they normally run at. 

I’m guessing don’t sell? 

eskbanker

What was your objective when buying these shares?

Worth noting that shares priced below where they were doesn't in itself imply that they're going to return to their previous level....

ronaldadio

Objective was a savings with risk. 

I’m adding an amount weekly. 

Yeah, I understand, but like lots of companies, Coronavirus has made shares plummet. I’ve a variety of shares like this - Barclays, EasyJet, etc
I’m not going for a quick win

eskbanker

ronaldadio said:

I understand, but like lots of companies, Coronavirus has made shares plummet.

Of course, I think we all spotted that!  However, the point I was making was that a coronavirus-inspired fall doesn't necessarily mean that recovery will be to the previous level, for any company, and of course some will recover better than others dependent on the extent to which the downturn affects their business.

ronaldadio said:

I’m not going for a quick win

If you're looking to buy and hold, why would you even consider selling after a couple of months?

ronaldadio said:

I’m adding an amount weekly.

Buying individual shares is already much riskier than diversifying widely across multiple sectors, markets, asset types, etc, but making regular small purchases is also typically an expensive way to invest.  What sort of money are you talking about and who are you buying through?

ColdIron

ronaldadio said:

I’m adding an amount weekly.

That sounds expensive

masonic

ColdIron said:

ronaldadio said:

I’m adding an amount weekly.

That sounds expensive

Not if using one of these newfangled share betting shops, such as Freetrade, Trading212 etc.

ronaldadio

Yeah, Trading 212
Im not thinking of selling, but when one of my free shares, American Airlines, has increased by 89% it make me wonder.
Ive not much going in, around £100 a week. 

I play poker for fun & it’s a variation on that I guess

yellow1231231

something like 90 percent of people doing what you do loose money as its hard hell even the best fund managers with a big team of researchers all the time to look at stocks get it wrong what makes you think you can do better than just putting it in a tracker or funds

masonic

Why not just pick a big global ETF and put money into that? Hold it for the long term. You'll have a lot higher probability of making money.

LobsterMemory

Personal experience at the moment, I would guess.

But, yes, this doesn't look ike a one-way ticket to Rothschildsville 

badger09

I'd be interested to know what ronaldadio thinks Lloyds shares 'normally run at' (but not very interested)