Saturday, November 13, 2010 10:58:03 AM
On a similar note: it's also important to take some profits somewhere on the way up. As amazing as it is to guess the peak and get your bonus, it just doesn't happen often enough for most people, and the fall can be pretty steep. That said, when taking their profits people should always sell at the ask so that you don't help kill the run, and not make too heavy of a wall. This won't only benefit everybody else in the run (who helped you make the money you've made so far in its run) but will also help you with a better price for your remaining shares. Do it for yourself.
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