It only makes sense to unwind some profitable trades at this time
The beauty thing is that I don’t feel compelled to functionally act like the gold bug that I am. When the work says the precious metals are not ready, I obey the work, not my desires.
After a 2025 that saw leadership by gold, the miners and eventually silver, it was time to unwind the relative heavy weighting in those trades (gold is never a trade or a price play in my book, but the speculations around it are) and cast out to the stock market’s internal rotations. That has proved profitable on paper. Now profit is being booked.
Today I cut this FTNT position in half.
Today I offed this position in NOW completely.
And made a few other moves, taking profits and raising cash. Those are in a portfolio that I balance, rebalance, manage risk and speculate within according to the market’s signals.
I am also still holding this pig, Intel, short, but tempted to take another profit in my small but growing trading account, in which I tend to be very strict about risk/reward and profit-taking. The account is up 51% since I started this regimen in January. I am trying to keep an even keel, but part of me is like “why haven’t I been doing this all along?” (that kind of thinking often precedes a fall, hence take da profits when ya get ’em, G!)
My greed wants to hold for the gap down there. But my dirty rotten profit-taking self will probably take another 9%. I am just getting used to pure trading again *, and I am using a philosophy of taking any profit I get, never willingly letting any profit get away and strictly limiting any loss.
Fun market, but profitable trades have come too easily. I am unwinding some.
* A whole other mindset than my usually more patient portfolio management ways.
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