14 replies to this topic

[pdx5]

What is wrong with closing longs after decent profits? A bird in hand is better than one in the tree.

[andr99]

https://i.postimg.cc...Ddx2q/UNICR.jpg

 

in late September 2023 it was around 20 and my target was the blue horizontal line. Can it go higher ? YES, but I don't care. The stock market is full of other possibilities, in America............this time.      

[andr99]

https://i.postimg.cc/bJDcd9Nd/uni.jpg

 

where it is now

Edited by andr99, 02 April 2024 - 03:23 AM.

[andr99]

What is wrong with closing longs after decent profits? A bird in hand is better than one in the tree.

 

saint words.........because of the pandemics in 2020 I missed an hyperbolic gain simply because there was a lot more to add in term of money to that already phenomenal profit.

I was phenomenally in gain in my portfolio, but at some point, overnight we discovered that our hospitals were in front of a covid emergency and my gain dissolved. I have come

to learn a lot from that experience. Taking profit at the right point is as difficult as finding a good entry point. A good trading that brings profit is made of two actions, entry and exit. It

doesn't count much if you see important numbers in gain in your portfolio if they disappear in few days because of something the existence of which you couldn't even imagine before

it materialized.  

Edited by andr99, 02 April 2024 - 06:54 AM.

[andr99]

I will miss 10% more gain having closed my longs a few days ago. Because, the banks here have still a little bit room upside. This at least is what they're telling me. But........never mind

better leaving there the last little piece of gain than having to deal with a correction of 20%................also considering that I'm happily long the US now and I should make more than that

10% I missed.   

Edited by andr99, 03 April 2024 - 08:58 AM.