Aralcy
06-12

Honestly, letting profits run is way easier for me, at least emotionally. Here's why:

Fear of Missing Out (FOMO): When a stock is climbing, there's this constant buzz in the back of my head – "what if it keeps going? What if I sell too early and miss out on a huge gain?" It's tempting to just hold on and see where it goes, hoping to ride the wave.

Greed: Let's face it, seeing those green numbers on the screen is pretty darn satisfying! It's like a little reward for picking the right stock. Sometimes, I get greedy and want to squeeze every last penny out of a winning position.

Regret is Worse Than Disappointment: While losing money stinks, selling a stock too early and then watching it soar feels much worse. The regret of missing out can be a powerful motivator to hold on for dear life.

Denial: Deep down, I might know a stock's rise is unsustainable, but I push those thoughts down. It's easier to live in the fantasy of continued profits than face the reality of a potential downturn.

Of course, I'm constantly working on being more disciplined and sticking to my exit strategies. But those emotional biases can be tough to overcome. The trick, I guess, is to find a balance between letting profits run and protecting myself from big losses.

Cut Loss Timely or Let Profits Run: Which is Easy For You?
The most challenging part of investing is often the test of human nature. After buying a stock, if it drops, will you promptly cut your losses and sell it? If the stock rises, will you immediately take your profits? Both timely cutting of losses and letting profits run require investors to have a strong mindset.
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.

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