Ingvar Rueckemann
Edited
๐Ÿง I often get the question HOW I decide WHEN to close a trade. Circumstances differ, but $LYFT (LYFT Inc) (closed yesterday at +88%) is a great example of what's probably my favorite case, because it is so clear: โœ… Strong performance โœ… Close to price target โœ… Quicker than expected. ๐Ÿ‘‡ What did this look like in the Lyft investment: Bought at: 13.18 $ Sold at: 24.77 $ (+88%) โ—But what's really important is the TIMING: Opened: 14 January 2025. Closed: 12 November --> so total time invested was just 10 months! ๐Ÿ“ˆ This was a very good return on capital and time. I reckon there might be another 2-3 $ left in the stock price. But that's perfectly fine to leave to others, I am a happy seller at this return rate. The capital which was committed for the past 10 months to the Lyft position is now free again, and can be deployed to new investments with higher return potential. ๐Ÿ’ฐ
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