RE: This Would Be a Catalyst17 Nov 2023 16:01
On the topic of taking profit, I agree with Walp ... if I'd had £1million invested in SMT [dream on] back in Nov 21, and had sold to buy another tech IT, Polar Capital Technology, I'd now be 13 times better off, with a holding of ... almost £6million, rather than £446k. No wonder they say timing is everything!
But as a newbie, I still don't get the logic that says don't sell when the value of your stock is underperforming - if it is so far behind the pack, then doesn't logic say the sooner you switch to a pack leader, the better ? Words of wisdom more than welcome :)