I will concentrate these two terms on stock investing (not stock trading), Let's discuss them together:
Let the profit run is a stock investment strategy where the price goes up but we don't sell it immediately. Why. Because this strategy expects the increase in stock prices to be at a peak, of course the limit for this stock price increase has been determined by the cash loss indicator. This strategy is suitable for medium or long-term investment activities, such as saving stocks. In long-term investment, big profits are not the main priority, but profits and stock price stability are more important. This strategy can be done when the stock is in the top trend. Investors will hold shares to a limit that they set for themselves. This aims to see the extent to which stock prices have increased in order to seek the highest profit. Therefore, this strategy relies heavily on patience.
Take Profit is a term in a stock investment strategy where investors sell most of their shares after their profit targets are achieved, to prevent the risk of falling stock prices in the future. So in your opinion, which is better, Let the Profit Run or Take Profit?
Let the profit run is a stock investment strategy where the price goes up but we don't sell it immediately. Why. Because this strategy expects the increase in stock prices to be at a peak, of course the limit for this stock price increase has been determined by the cash loss indicator. This strategy is suitable for medium or long-term investment activities, such as saving stocks. In long-term investment, big profits are not the main priority, but profits and stock price stability are more important. This strategy can be done when the stock is in the top trend. Investors will hold shares to a limit that they set for themselves. This aims to see the extent to which stock prices have increased in order to seek the highest profit. Therefore, this strategy relies heavily on patience.
Take Profit is a term in a stock investment strategy where investors sell most of their shares after their profit targets are achieved, to prevent the risk of falling stock prices in the future. So in your opinion, which is better, Let the Profit Run or Take Profit?