Talking out loud. Respond if you want, but mainly this is diarrhea of the keyboard, trying to learn and put my thoughts on "paper".
I'm trying to figure out when/where to take profits. I had a few positions in a 50K account at around 2K each. I bought these prior to jumping into the conversation and can't really tell you why I bought them except for the fact that i "felt" they had been hit too hard in recent months. "That's not a great reason to buy, but I do feel like it's a good reason to start research.
However, now that I have them, I'm trying to follow some of the recent guidance and lock in some profits, set some stops, and then reevaluate when/where to get invested again.
What I'm trying to avoid is selling for the same reasons I nought - gut feeling. I have the following (all long, no options yet).
TSLA: Bought at $790. I sold a fractional share at $911 (15% gain), leaving 2 shares. I sold another today at 25%, leaving 1. I'm tempted to put a stop in (where???) and just let it ride. Should I sell this last piece or let it ride?
NVDA: Bought 9 shares at $221. Sold 4 at $265 (~20%). Current stop is at B/E.
Similar sized positions in AMZN, AAPL, MSFT, DIS, FDX, APA, and LOW. Those aren't up enough to to sell (or are they - all less than 10%). Stops are set at 80% of entry price.
Companies on my radar from a macro perspecctive: CSX (or another railroad), KR, and possibly a bank (BAC maybe)
I also followed 30K into a couple of smaller plays for less than 1%.