Risk Management
Partial Profits
Also called: partial, partial stops, took partial, partial profit, trimmed, trimming
Selling a portion of a position when it hits a gain threshold rather than holding the full position. In choppy markets where my average gain wasn't getting past 10% I started taking partial profits at that level because it's unnatural for me as a trend trader but the environment required adapting.
In Context
“Smartest thing I did this year was recognize that my average gain for new positions wasn't getting past 10% so I started taking partial profits when one would hit that, like WULF last month.”
Nothing's Changed Yet·Digest
“Trimmed from 10% after partial stops hit Thursday”
“Partial stops hit on ENPH but I was still long the original portion.”
“ENPH got stopped out completely and LYB partial stops hit trimming it from 10% to 6%.”
“Took partial profits on SMCI Monday into the strength, got stopped out of TSLA Thursday as the market rolled over.”
Strong Opens, Weak Closes·Digest