Taking gains

Do not forget: that as quickly as the market goes up it also comes down. Make sure that you have an exit strategy, it is very simple but most people don't have this in mind. Have a fixed percentage in your head/spreadsheet that if you cross it, you must sell a part of your position in order to take some gains. E.g. Let's say you have 100 shares of $Apple (AAPL.US)$ bought at $100 ($10,000). Let's say you have in mind an exit strategy of 20%, if the market is 🔥 and gaining traction daily, and you have an unrealized gain of 20% ($12,000), sell half or a third of your shares to lock some gains, and let the rest 🚀🚀🚀 and keep an eye for a downturn to be able to sell. #SimpleTrading #Greed #MoneyNeverSleeps #Fundamentals #Basic #CommonSenseNotSoCommon