No. of Recommendations: 2
If you have rules set in advance about when it's time to sell, you should sell - or not - according to those rules.

If you don't have rules set in advance about when to sell, you should sell and sit out while you study the market and your personal style and can form such rules.

Potentially the rules come in four parts:

a) when to give up on a bad investment and bail out
b) when to lose patience with a flat investment and move on
c) when to take profit on a successful investment
d) general-market rules, calendar rules, and other things that aren't about the individual investment but modify or override the previous three parts

Some parts may combine or not apply, depending...
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