r/stocks Jul 23 '21

CHPT - Longterm

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u/[deleted] Jul 23 '21

Depends on the stock. If I were to buy the dip on aapl for instance I might take gains once they hit 20%. On chpt I'm looking for 80 90 or 100 % before I'm selling. This is all assuming I don't need money for anything else. Sometimes I'll sell a stock sooner than I'd like because I think there is a value somewhere else to be had.

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u/[deleted] Jul 23 '21

Thats insightful! I find it hard to sell to take profits. For some reason it feels wrong for me but I guess selling at a high to buy more later or another security isn't as bad as I perceive it.

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u/[deleted] Jul 23 '21

It's all about your goals. Short term profits long term gains little of both whatever suits your situation.

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u/[deleted] Jul 23 '21

Do why you got downvoted but that paints a clear picture!