"If it's too good to be true, then it probably is." ~ old adage.
While I am enjoying the market recovering from the late 2018 decline, I realize that the rally won't continue forever. That would be too good to be true. The advance will end and a subsequent decline will occur. At that point, I usually wish I had sold some shares earlier. So I am using the opportunity to take some profits now so that I won't have seller's regret later.
When there are no or very low commission costs, I like to take a gradual approach to selling for profits by selling only a few shares versus the entire lot. That way if the market continues to go up, I can sell later for greater profits per share. So going gradually allows me to lock in some gains, while hedging against a further advance. If the market goes down, I will have taken some profits at a higher price, which gives me some satisfaction.
Of course, if the cost is the $4.95 per trade, it isn't cost effective trade a few shares. But if the cost is only a few cents or 0 per trade, then the above strategy can be done cost effectively.
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This is not financial or investment advice. Please consult a professional advisor.
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