Author of the "Serverless Security" book | Cybersecurity engineer | Serverless Node developer | Creating solutions for Serverless projects | Securing small company environments
I use the Investors Business Daily rules as a guideline:
1) Minimize losses to 8%
2) Sell all or most of the position at 20-25% gain.
I also use the 10 DMA and 50 DMA to decide when to sell. If it falls below the 10 DMA, I can lock in gains. If it falls below the 50 DMA, I consider selling all.
That is my general approach.
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What is your sell strategy?
I use the Investors Business Daily rules as a guideline:
1) Minimize losses to 8%
2) Sell all or most of the position at 20-25% gain.
I also use the 10 DMA and 50 DMA to decide when to sell. If it falls below the 10 DMA, I can lock in gains. If it falls below the 50 DMA, I consider selling all.
That is my general approach.