Trimmed $NBIS into strength today at market close and I think it was the right decision
Yes I still think its going much higher, but after a +34% day theres bound to be a correction
Every account on FinX is posting their $NBIS gains or how Michael Burry is getting margin called
There are always signs before declines
I'm starting to see too many bullish posts on my timeline. Too many screenshot of gains. Too much bragging.
When this happens, this is what I like to do:
1. I trim my growth names. I don't sell fully, just trim to lock-in profits.
2. I slowly add to my defensive positions
I always do the opposite of X. This is the reason why we keep winning together.