Today i sold my shares of National-Oilwell Varco (NOV) and locked in a 20% gain in 38 days. Normally if a stock goes 20% in under 8 weeks I’ll hold on to it for a bigger gain. However this one has been bouncing around a little too much for me and I decided to put in a limit order for selling it right at the 20% mark. Naturally as I write this is it at the 21% mark, but oh well no biggie.
Apple is another stock that has been bouncing around just a bit too much. Right now I have it up just over 15%. I might give it the full 8 weeks to make 20%, but I haven’t decided yet.
investing, ira, stock market, StocksDon't miss anything, subscribe!
0 Responses to “Locking in a 20% gain”