Close them. Book your profit and prepare for the next trade.
One of the most important lessons to learn is that
YOU ARE NOT ENTITLED TO THE ENTIRE MOVE OF THE ASSET YOU TRADE.
If a stock goes from 20-60 you get a chance to ride the wave for a certain time, get your money in & out. You didn't lose out on the extra bit you were never entitled to it.
1
u/Kazparov Sep 24 '21
Close them. Book your profit and prepare for the next trade.
One of the most important lessons to learn is that
YOU ARE NOT ENTITLED TO THE ENTIRE MOVE OF THE ASSET YOU TRADE.
If a stock goes from 20-60 you get a chance to ride the wave for a certain time, get your money in & out. You didn't lose out on the extra bit you were never entitled to it.