No. of Recommendations: 4
Wow, I thought my worst trade was buying Qualcomm just under its highest point, where it dropped like a rock, but I held on to it as I was sure it would bounce back. But no, that wasn't the worst I've done.

I was watching Cramer yesterday and suddenly realized that the biggest mistake I made since starting to trade is not taking a profit!

I was dumb founded. I never take a profit. I just let the money ride on the stock. I did that with AAPL. I watched it get to $700 and was delighted. Did I take out the original investment? No. As it fell, I trusted it would go up again because I'm long term. I've had it for 15.5 years. It's split 3 times and I never took back my initial investment.

Today I sold 12 shares of AAPL. It was an exercise in the discipline of feeding and caring for your stocks, but to also pick the fruit at harvest time rather than letting it rot or having someone else pick the fruit.

I'm thankful I watched Cramer's show yesterday so that I could wake up to profits. A belated gift of the season.
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