TAKING PROFIT
Knowing how to buy doesn't mean everything to make money in the market, the core thing is knowing when to sell. Many people want to sell at the highest which i could say 'forget it'and eventually when they missed the highest point the are not willing to sell anymore and end up giving back the profits. Having the right mindset is important to make money from the market.
1.SET A TP.
Give yourself an estimation on how far this bullish trend can bring the share price to such as 50% from year low or MORE, and when the TP price is hit, SELL.
2. SET A TRAILING STOP.
Of course, it's not possible that it definitely gonna hit your tp price, but nevermind, put a trailing stop at around 10% from the highest point,if it breaks the threshold or a support, sell and take profit.
3.COMBINING BOTH
You can choose to synergise both by separating your selling portions, where part of it can be sold by tp and part of it by trailing stop to make it to the average.
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