It is very important to plan: when to buy and when to sell your trade. When the stock goes up, most of us expect it to go more up and hold on it before they sell. This is very risky and unhealthy as we don’t have our goal in this case
So we must make prior plan of when to sell before we buy the stock or options. This has happened to me more often as I always expect to gain more. This has more downside than upside.
We got to think about it before we trade because it’s worth it..