What is the minimum dollar amount or percent that you would sell a stock for?
Do you sell when you made $100, $500, $1000, what?
Do you have a minimum percent, like a 4% gain after expenses?
Depends on the stock, how committed to it I am, and whether I bought it for long term investment or a short term trade.
I always look at it in terms of percentage, though dollars sometimes matter too.
Since I work on a cash account (I won't borrow money to play the market), I like to do a bunch of small hit to keep cash cleared up.
Usually $500 is a nice trigger for me, unless the return percentage is high and I think things are going to turn.
This has changed this year, as I am determined to book profits every week. So I have a sell order right now where the profit will only be about $100.
I don't really WANT to sell, because I think it will still go up, but I think there is more value in keeping the disciple of making money every week.
80% of my portfolio is buy and hold, so id never sell. maybe liquidate some assets to cash if i anticipate a crash incoming. only had to do that last spring though and just recently got all of my cash re-allocated back into the stocks they were in.
20% of my portfolio is for swing trades and day trading. so ill sell whenever the ride up is reverting back to the mean or my trailing stop loss gets hit. whichever comes first.