The idea is to take gains at 5 and 10%. How much of your shares you sell at these points depends on the stock. So you may sell 50% at 5% gains and the other half at 10%; or all of it at 5%; or just profits at 5 and 10% if it's something you want to hold on for longer.
This post however gave the feeling that BOTD wants to get out and move on to another stock. I took gains at 5% but I'm thinking about keeping the rest of my shares for a longer term play, maybe up to 6 months.
Up 4.45% already again today. Paid off if you stayed in. :) This one probably has longer term gains but it's never a bad idea to lock in those profits!
3 comments:
does that mean sell?
how long should we hold?
The idea is to take gains at 5 and 10%. How much of your shares you sell at these points depends on the stock. So you may sell 50% at 5% gains and the other half at 10%; or all of it at 5%; or just profits at 5 and 10% if it's something you want to hold on for longer.
This post however gave the feeling that BOTD wants to get out and move on to another stock. I took gains at 5% but I'm thinking about keeping the rest of my shares for a longer term play, maybe up to 6 months.
Up 4.45% already again today. Paid off if you stayed in. :) This one probably has longer term gains but it's never a bad idea to lock in those profits!
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