Glossary
Take Profit
Selling to lock in a gain
Taking profit means selling while you're up to actually lock in the gain. Holding out of greed for more can let the profit vanish, so it helps to set a target return in advance.
Glossary
Selling to lock in a gain
Taking profit means selling while you're up to actually lock in the gain. Holding out of greed for more can let the profit vanish, so it helps to set a target return in advance.