One of the most volatile weeks in 2024 just finished on a high. With trump winning the elections, many are expecting stock market to carry higher in the next few months. On the other hand, there are also lots of people who are positioned well seeing huge unrealised profits in their account. How to move forward?
I'm not taking profit at this moment, hoping to ride this further into the green. Profit taking by paper hands will cause some volatile price movements but those fomo will cause this to go even higher I believe. Still, no harm taking small profits along the way if it makes you psychologically stronger, but the one who makes the most will be the one not taking profits now. Let's ride this together!
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.
