ExitPlan
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#ExitPlan
Exit strategies are vital, even in bull markets.
▫️Define goals & risk tolerance: Know your profit targets and when to exit, regardless of market sentiment.
▫️ Avoid FOMO (Fear Of Missing Out) : Stick to your plan; don't chase unrealistic gains.
▫️ Gradual exits: Lock in profits gradually to balance risk and reward.
▫️ Monitor valuations: Exit when prices exceed intrinsic value.
▫️ Use stop-losses: Protect gains while allowing for further upside.
Goodluck & Goodnight
Exit strategies are vital, even in bull markets.
▫️Define goals & risk tolerance: Know your profit targets and when to exit, regardless of market sentiment.
▫️ Avoid FOMO (Fear Of Missing Out) : Stick to your plan; don't chase unrealistic gains.
▫️ Gradual exits: Lock in profits gradually to balance risk and reward.
▫️ Monitor valuations: Exit when prices exceed intrinsic value.
▫️ Use stop-losses: Protect gains while allowing for further upside.
Goodluck & Goodnight