Folks, with all the uncertainty swirling around tariffs, global supply chains, and potential market pullbacks, it can be wise to lock in some profits at this point.
If you have massive winners from 2023 and 2024 that have run up nicely, consider trimming 10% to 30% at this point. This is not a call to dump everything, but rather a prudent strategy to manage risk and allow yourself a cushion if the market drops from here.the current market is quite fickle. Any unexpected development in trade policy or monetary policy can trigger a selloff. By trimming a small portion of your biggest winners, you lock in profits and maintain flexibility to redeploy capital later. You also free up mental space. You will not feel as anxious about giving back all those paper gains if the market turns south.I love a good winner, but letting a large profit ride without any strategic exit can be dangerous. If you are up significantly, do not be afraid to peel off a bit and keep it on the sidelines. You can always jump back in if conditions remain strong or wait to buy on dips.This approach gives you more control over your overall portfolio risk while still letting you participate in potential upside.Palantir and Tesla are not cults or religions, its pure business and you have to be the responsible adult here. TomThe copyright of this article belongs to the original author/organization.
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