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i will try to simplify what smalfil said. BTW i am not an expert. here you go - when you buy an asset and it goes up rapidly, you need to find ways to book the profit or let it ride and also protect the downside. if you have 500 XOM that you bought at say 75 and now it trades at 115. what you do...

new to this portal. the first thread i read is this and i was struggling with same question last year. when i read the response from cabin111 i couldn't agree more. my 2 cents: read a book "winning with dow's losers" and then go to https://dowunderdogs.horizonpublishing.com/pricechange.aspx ...