Great advice. Can you explain your reasoning for DCAing out in January and April/May though? I thought this bull run is going till end of the year possibly? January to take a third out seems early. Do you see it as a kind of "sell the news" type event where price might actually dump a little after because all the optimism of the new presidency is already priced in?
The article states that by February—though it might be March—I want to sell some into that market strength, fully aware that it could go higher. However, this approach will allow me to extend the cycle because I’ve already taken profits, rather than sitting on the edge of my seat wondering if we’ll experience a stunted cycle like last time. Also, I don’t trade around news events; I follow a framework that helps me hedge effectively.
Great advice. Can you explain your reasoning for DCAing out in January and April/May though? I thought this bull run is going till end of the year possibly? January to take a third out seems early. Do you see it as a kind of "sell the news" type event where price might actually dump a little after because all the optimism of the new presidency is already priced in?
The article states that by February—though it might be March—I want to sell some into that market strength, fully aware that it could go higher. However, this approach will allow me to extend the cycle because I’ve already taken profits, rather than sitting on the edge of my seat wondering if we’ll experience a stunted cycle like last time. Also, I don’t trade around news events; I follow a framework that helps me hedge effectively.