Conservatively reasoning, following a 2-year downturn I prefer to set targets that match not more than 3 - 5X higher than he previous ATH.
Strategically, I need to cash "gradually" as follows:
1. Twice the price of the last ATH : 50% cash out
2. Triple the price of the last ATH : 80%
3. Five times higher in case it is achieved: 90%
4. Fundamentally; if a specific equity is performing well in the market I keep to in my "INVESTMENT" portfolio for 5 - 10 years.
Note: this approach does not yield the maximum possible amount which is ideal. I prefer to play it safe than ride on the whole capital & profit on a tsunami. Less results are "PLANNED" IN ADVANCE. This is of utmost importance. I do not seek the best. I am looking for the OPTIMUMS only.
We are not fortune-tellers. We are only able to devise most possible scenarios for an uncertain future. At the same time, we need to observe news, regulations, applications & performance.
a. ROI;
b. Opportunity Costs;
c. Risk Management;
d. Capital Management;
e. Value Engineering;
f. Psychologicals: of the business ecology & personal perspectives
We need to consider "The Physics of Finance" by James Owen Weatherall. Learn how quants dominate Wall Street. ;-)
www.amazon.com/Physi...-ebook/dp/B00B73VMB0
Trading is a serious joke. :-) That is why I must say it is "NOT" a financial advice.
Strategically, I need to cash "gradually" as follows:
1. Twice the price of the last ATH : 50% cash out
2. Triple the price of the last ATH : 80%
3. Five times higher in case it is achieved: 90%
4. Fundamentally; if a specific equity is performing well in the market I keep to in my "INVESTMENT" portfolio for 5 - 10 years.
Note: this approach does not yield the maximum possible amount which is ideal. I prefer to play it safe than ride on the whole capital & profit on a tsunami. Less results are "PLANNED" IN ADVANCE. This is of utmost importance. I do not seek the best. I am looking for the OPTIMUMS only.
We are not fortune-tellers. We are only able to devise most possible scenarios for an uncertain future. At the same time, we need to observe news, regulations, applications & performance.
a. ROI;
b. Opportunity Costs;
c. Risk Management;
d. Capital Management;
e. Value Engineering;
f. Psychologicals: of the business ecology & personal perspectives
We need to consider "The Physics of Finance" by James Owen Weatherall. Learn how quants dominate Wall Street. ;-)
www.amazon.com/Physi...-ebook/dp/B00B73VMB0
Trading is a serious joke. :-) That is why I must say it is "NOT" a financial advice.
