Before you sell:

$AMC Entertainment(AMC.US)$

As we are finally getting some traction after a long week, perhaps this is a good time to share this in advance. This is not financial advice, just general information...

No one can force you to hold if you want to sell away with small gains. But before you do so, please consider the following and learn about exit strategy, preparing yourself for it.

Don't let emotion decide your exit point. Keep calm and not sell right away when you feel off. It is okay if it dips for a few days, as long it follows the upward trend line. This is when we are most affected by FUD, get a grip! Don't sell just because someone sold theirs. You have no idea if they are just selling out of FUD. That is also why, when you sell your stocks, it is advised not to inform others, as that may lead to fomo selling.

No one will know how high it will go or when it will happen but if we all stick to the plan and HODL, we will maintain the upward movement as long as possible. When someone sell their shares, it does not mean that the rest have given up. We have million of individual retail investors.

The higher we go, the bigger dips can be, which does not mean it's going down. It is possible that other apes will continue to buy the dip and move upward. If you sell immediately during a dip, you lose potential gains by cutting yourself out from the climb.

It is unlikely that stocks will lose it's value instantaneously. Many apes will sell in waves after assuming the ATH has been identified, anticipating possible climb even after the assumed ATH. Selling in waves will average profit while minimising your chance of selling everything before a new ATH.

Not everyone will be able to sell at the highest cost. Some apes misinterprete and sell early, some apes miss the ATH or intentionally sell only after ATH has reached. It is normal to sell at top 10-20% of ATH.
Many apes will start selling when going down from ATH to maximise opportunity, as explained in previous point.

Prepare a plan for yourself. Set some milestone / target on the side to prepare yourself, saving yourself the panic when the prices fluctuate at possible ATH. Predetermine what target price you want to let go of the stock. The market will not wait for you to make a decision.

We all aim for the moon but no one know when we have reached the moon. It will be pointless if we tell others what price to hodl till, if we have not plan an exit strategy for ourselves.

Do your own research on exit strategy if you have not done so. Different people can have different strategy. Example of exit strategy: https://www.youtube.com/watch?v=MiAMGZLBGAw&t=68s

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