When To Take Profits In Stocks? Knowing Right Time Is Key To Learning How To Invest

To become a successful investor, you need to have rules and the discipline to follow them. IBD readers may already be familiar with the golden rule of selling: cut losses at 7%. But when do you take profits? In short, take at least some profits when a stock gains 20% to 25% from the buy point. IBD founder William O’Neil…