Don't Know When To Take Profits? Here's My #1 Rule...
As the stock market continues its amazing run off the bottom from March 23, some of you may have quickly built up short-term profits. If so, that's great!
I still get lots of questions though from readers about when or how to take profits, especially when selling put options.
A plan should always be put in place to take money off the table as you never know when the next surprise could come to derail the gains.
In today's video, in addition to discussing how the markets have fared over the past week and what may lie ahead, I explain how to use my "80% Rule" to help set profit-taking targets.
Just click here to watch the video.
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Have a great weekend!
Until next time.