📈 Time to Lock in Profits? Here’s My Approach
Over the past 10 days, we’ve witnessed a phenomenal rally in [SoundHound AI] stock, with nearly a 100% jump! As exciting as it is to see such growth, I believe it’s equally important to stay disciplined and stick to a sound investment strategy.
Today, I decided to sell a portion of my holdings (50,000 shares) to lock in some profits. Here’s why:
1️⃣ Market Volatility: Sharp upward movements can sometimes indicate heightened volatility ahead.
2️⃣ Risk Management: Taking profits allows me to de-risk my portfolio and diversify further.
3️⃣ Long-Term Goals: While I believe in the company’s potential, securing gains now aligns with my broader financial objectives.
Modify on 2024-12-06 10:45
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50000 shares? Can show ur record bro? Rich guy