Great Profit! Exit?
What you do with great profit?
Sell and realise the gain? Or continue to hold?
To me, it depends. Most of the stocks in my potfolio has been a long, some over 10 years, and many over 5 years. I hold becuase I still see significant growth in them, great competition edge over their competitors.
Do I sell? Yes but those are different kind of stocks.
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Space Dust : ten years . wow, that's a seriously significant time.
would you have and advice or stories about your experience to share? nothing to personal or discomforting.
what kind of things do you use
which indicators do you prefer, and what ones have you learned to avoid from experiences not working out?
123456FEDCBA : For me I can only sell and cut loss or wait to break even.
MooMoniesMooProblemz : Diamond hands!
Trading Rockstar : Congrats to your amazing profit! Could I ask some questions about what you mentioned "It depends"?1. Which stocks you would hold for a long time as you said 10 years? That seems a value investment.2. Do you track these stocks you decide to invest for a long time frequently?3. Which stocks do you trade frequently and do these stocks have a common feature like high liquidity?Hope you can give a flavor. :)
A 6.5% rise in NVDA really earned a lot for me yesterday. Happy definitely but also confused about whether I should sell it now. It is quite a diffiiiiiicult decision for me