Would You Take a 4% gain in 3 days?

[nzbryant]

The perennial traders' question.

Can't calculate it as x% in 300 days as that ignores the losses we also take.

Samson is partly right - depends on the risk you took.

More importantly, depends on your analysis of the next move. If it may go down (>50%), sell. If it looks >50% it will go up, hold, and move your stop up.

 

[zman7854]

Quote from igum:

Would You Take a 4% gain in 3 days?

Never met a person who lost money taking profits

 

[talontrading]

Quote from zman7854:

Never met a person who lost money taking profits

that's an example of a total bullshit line. i've met tons of traders who lost money taking profits too soon, out of line with risk, etc etc. the world does not need more trading platitudes.....