A great surprise
We are taking profits on a trade we entered in October 2017.
PREMIUM trade alert issued.
— Caleb Dismuke (@jcd5816) October 30, 2017
Taking profits has always been harder than buying a stock.
You will experience one of two emotions:
• You will sell too early and watch the stock rise another 50-100%. That hurts.
• You will hold and watch all those paper gains evaporate before your eyes. That’s brutal too.
So I came up with a rule
No matter what, we will take partial profits on a position if it gains 100% or more in less than a year.
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