Tuesday, March 31, 2015

How Do You Skim Your Profits? [xpost /r/investing]


What's your strategy to skim profits while your stock is rising? Do you wait until it nears your target, or do you take a certain percentage at intervals as it rises? Selling the winners can be a big mistake, but for volatile stocks it seems like some percentage should be accumulated as a stock appreciates.


I find myself unable to let all of a stock ride while I can lock in a good gain (eg > 50%). My strategy is to capture 70% of my target profit by selling at intervals up to my target. What do you do?







Submitted March 31, 2015 at 08:19AM by Casual--Loafer http://ift.tt/1G3iXc5

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