Definitely greed that stops one from taking profits. So, I have stopped trying to chase 10x opportunities. Every gain is a gain; better to gain less than to be a bag holder. I typically lock in gains when I see sharp rise in the stock price or when my absolute profit has hit a certain amount. Of course, I still have many times when I regret selling too early or too late. I recently sold of aunty Jenny at 165 but it rose to 180. I was glad that it has now slid back for me to re-ente my position. However, it is not the same for my trip.com because I sold it below 600 and it broke through it. Vision on hindsight is always 20/20. I regretted not taking profit when UNH was $350 because it has not hit my set profit yet. However, I do believe that it still has much room to grow so I will have the patience to wait it out for the profits.
At the end of the day, it is about managing risk and keeping to one’s convictions. @DiAngel @Universe宇宙 @Wayneqq @SPOT_ON @LuckyPiggie come join
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