So the most common thing I hear is just to DCA. Basically hold onto your stocks (which you believe in the company) and buy dips in intervals when it goes down.
But let's say you buy a stock like TSLA. If it goes over $900, you sell 20% for profit and then wait until it goes back down to buy another 20%. Wouldn't that strategy makes more sense in terms of actually getting at least some profits on paper? I feel like holding and not taking any profit is a bit of a waste? What's everyone's opinion on when to sell a small percentage of your portfolio vs just holding?
I mean you can sell 10% or 20% when a particular stock goes up, then buy the dip again when it goes back down…..vs just holding (not taking profits) and buying dips. You would probably make more gains in the long run by selling a small percentage every time the stock runs up?
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