With the market at an all-time high, and many signs and investment banks indicating that the AI bubble is propping everything up, many folks (em dash because I'm not AI and just like being grammatically accurate) myself included (em dash again) are concerned about when it is all going to come tumbling down.
At the same time, there are plenty of reasons to believe the AI bubble still has plenty of runway before things go bust.
So it's a weird dynamic that begs the question: do you take your gains while the going is good or continue to let it ride? After all, a drawdown from much higher could still end up higher than we are today. Or some unforeseen global event could wipe everything out by 60% overnight. Literally nobody knows.
Enter your life jacket: trailing stop loss orders. That's it. No real trick here. Just a reminder to have an exit strategy and a plan to protect your gains. Do with that what you will. Best of fortune to all of you!