Imagine watching your stock go from $169 to $308… and then all the way back to $169. 😳 That’s exactly why taking some profits along the way matters. Let’s look at $CRDO The stock climbed to around $308 and now it’s trading around $169 almost 45% below its high. When a stock has a massive run, it can be tempting to think, “I’ll sell when it goes even higher.” But the market doesn’t always give us that perfect exit. One strategy is to sell part of your position and lock in some gains, while keeping the rest invested. If the stock keeps going up — you’re still participating. 🚀 If it drops — you have cash available and may get another chance to buy at a lower price. A gain on your screen is not the same as money in your pocket. Sometimes, the smartest move isn’t selling everything. It’s simply taking some chips off the table. 💰 Do you take profits along the way, or do you prefer to hold through the volatility?
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2 Comments
george Young@geo_van · 1h
I usually only try to take 20% off the table when the stock has gone up 100%. It’s hard but I’m getting much more disciplined at not taking profits earlier than that. I have to remember I’m investing not trading.
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