Hi folks - I’m curious if you guys have thought about trimming positions now to add at better price later? & If so, how do you specifically set price thresholds for trimming and adding?
For context, there are positions which I’ve held for ~3-4 years now and I’ve made decent returns (think 4-5x). I don’t have immediate cash needs. I’ve tried to trim in the past and honestly end up not adding because my price thresholds are perhaps too low — and this definitely caused me to miss out on potential gains.
Glad the market has picked up but feels like volatility will continue esp after the consumer effects of tariffs really kick in.