It is good to make profit – it will be much much better if the profit is higher and higher. Especially in the bull market, you will see your stock go up and up every single day. However, at certain point, we will need to sell our position to make the real profit.
I always make the wrong timing in selling my position so far – especially in this bull market. Most of the stocks I sold went up quite a lot after I sold them. This is not any good experience, although I have make some profit from it.
However, recently I realized that I may need to think the other way. I should be happy with the profit I make and should leave some profit for the people who bought the stocks from me. It will not be good feeling if the other party make a big loss after purchasing my stocks. At the end of the day, no party make any loss in the transaction!
This will be part of my investment philosophy from now on.