30 Nov 2022 15:43
Top slicing is selling some of your shareholding, but not all of it, so you slicer them off the top!
It can work well sometimes if the price then reteats and you can buy back your sliced off shareholding cheaper.
If the price goes up you still have some left to sell etc..
So it reduces the risk of you regretting to sell at a good price and the risk of you selling everything at a price that is subsequently proven to be less than best.
I nearly always do it it. Whether it is for the best is hard to say, I just don't like over committing.
So for Kevin how I do things is top slice when I have made say 25-30% profit, then await next share movement, perhaps buying again on a drop of 15% or so or selling more as price goes up. Much of the time this works well, but like most things sharewise not always!