Take partial profit first in a single transaction; then let the remaining position continue to rise. Looking back afterward, of course, it feels great.
Lock in profits first, then let them run. It’s not any less smart than exiting all at once. The remaining question is: why is it still worth holding the leftover position?
If you keep holding just because you’ve already made a lot and your cost has dropped, the risk is still there—it’s only that the psychological pressure is smaller.
Holding on to a good trade is truly difficult. The difficulty lies in telling whether you’re executing your original judgment, or whether you’re starting to hesitate to sell because your unrealized gains keep getting bigger.
Lock in profits first, then let them run. It’s not any less smart than exiting all at once. The remaining question is: why is it still worth holding the leftover position?
If you keep holding just because you’ve already made a lot and your cost has dropped, the risk is still there—it’s only that the psychological pressure is smaller.
Holding on to a good trade is truly difficult. The difficulty lies in telling whether you’re executing your original judgment, or whether you’re starting to hesitate to sell because your unrealized gains keep getting bigger.