Nvidia jumps more than 15% this week. A key reason: what other companies
are saying
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A week ago, Nvidia suffered its third-worst session on record, plunging
10%, in a broader wreckage for artificial intelligence stocks. Those losses
have no...
4 minutes ago
Loss aversion ... cutting winners short.
ReplyDeleteKiasu mah ... Kekeke! Don't let a win turn into a loss haha.
Taking profit is ok, but ideally should be done when the asset is expensive e.g. within 10% of its highest historical valuation, or current valuation is +2 or +3 standard deviation from its long-term average.
Rebalancing is 1 method for this ... But not too frequent...
Or for trend followers ... when a predetermined trailing stop is hit...
Spur😁