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Ep. 3: Why You Need Sell Rules With Chris Gessel & Randy Watts

Investing With IBD

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How to Take Profits on the Way Up

A lot of times for me, I put it in if it's a game changing stock. Those are the ones that I want to try to hold for longer. But even then, when I'm up 20%, I like to take something off the table. The thing is, you want to be thinking about taking profits on the way up and not when the market is selling off right.

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