I've been a holder of Nvidia stock adding to my position every once in a while, since June 2021. I'm sitting on a pretty tidy gain now as I am on AMD, MSFT, APPL and a stock called Cadence. On some of the shares I've got a double, but overall up on each about 60 percent.

I don't really have a good feel for AI things. My obvious fear is dumping something prematurely as I watch it climb. I don't want to chase a position either if I do dump it and later regret it. Any thoughts on what you all would do with my positions?

I've held significant gains in FVRR, SQ and UPST only to watch it all fall apart to sizeable losses. Don't want to make the same mistake again, but also don't want to dump something prematurely.

One option that I've placed on some of the positions I hold is to place a 7 percent trailing stop, but on volatile stocks like these, even that makes me nervous.

Your thoughts are much appreciated.

You're trying to time the market, which is unwise and nets more losers than winners. No one has a crystal ball. If you bought for a good price and can sell for an acceptable price, do it. Take the win, and then go book more wins. Youll learn as you go.

I'm sitting on around +50% AAPL gains and have no plans on selling anytime soon. I made that mistake with GOOGL and have seen it gain another 25%, only to buy back in higher.

I would suggest continuing to hold AAPL and MSFT.

No idea on the semis. I'd probably think about a profit ladder where you can take some profits and leave some in case it keeps running. If it dips, you'll have some cash to buy cheaper shares with.

It's easy to buy, it's hard to sell. Some of my biggest mistakes have come not from not buying but from selling too soon. I have a +507% gain on AMZN but I sold half of my position for about what I paid for it. I bought a big chunk of LLY at about $82, sold it a year later for about the same amount. Big mistake. I own a lot of BRKB with a +556% gain but also sold off portions along the way and I dumped my META at $98 near the end of last year for a tax break, intending to buy it back but dawdled. I don't own a lot of NVDA but I'm not selling, I own a ton of Apple that I have considered selling many times, luckily I talked myself out of it. My statement shows a +1,556% gain. This isn't a brag, I'm just saying think hard before selling. You know, sort of like Warren Buffett.

I sold my NVIDIA at at 60% gain earlier this year

most of my portfolio I just hold forever unless it is a complete dog like ZIM

when you have a large gain some suggest selling enough to cover your original cost, then you are "playing with house money". Of course when a stock goes up, I start to consider it all my money.

Another strategy is to sell covered calls.

I try to remember that stocks tend to overshoot on the way up AND on the way down. There are of course, a few buy & hold forever stocks and I don't know how to regularly identify them early on.

I've owned AAPL since 2007.
I've owned NVDA since 2017.

I've sold some to diversify. That said, I'll die owning AAPL and NVDA stock.

Quote:

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Some of my biggest mistakes have come not from not buying but from selling too soon

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You're in good company! There's nothing wrong with selling too soon. Check out the link. He coined the phrase that he made his fortune by selling too soon.

Bernard Baruch

Are you a trader or investor.

Do you need to liquidate for cash to spend on something?

If the answer to these is no… then close the trading app and hodl.

You hold the top tech companies in our market and at good prices.

congrads on picking solid winners...

Nvidia, AMD, MSFT, APPL and Cadence are all winners and best in class

Argus has a price target of $450 for NVDA. No reason to sell before $500, ride the AI wave. Stock was $335 in late Nov. 2022, and with an astonishing $3.85B boost in guidance, should continue to work higher in the next 12 months.

If you're worried about selling, sell.