Decided to take profit, it was a 9 day contract so I could have waited, but I think sometimes in trading we have to learn not to be too greedy or at least follow and stick to our own investment philosophies.
I have a lot of stocks I missed out by taking profit too early or not enough profit. Like I sold CHEWY at 16 dollars would you believe it? But anyways 50% is good enough for me, maybe I'll re-enter at another junction but for now this is the profit I'm more than happy to take.
If it falls more I wouldn't even mind missing ou on that profit.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
