I sold off 80% of my hold of shares today and locked in profit.
There is however no strong exit signal yet in index! Still,I locked in profit! Why?
Because I got 20% profit in my portfolio! It is enough for me for now,so I wanted to lock in the profit.
Secondly,I avoid trading after mid September in the market(till october)!
BUT if I see ‘nice setups’ in a stock or a pullback in index/overall market, I would re-enter the market…….
It is never possible to catch the ‘bottom and top’ of the market! So,it is ok to miss some up moves! 🙂
For now,I’m happy with the profit I got from the market…..
mrtq13 