3 Reasons I'm Breaking the "Sell-Half" Rule With Archer Aviation
Archer Aviation (ACHR) The Motley Fool·2024-11-25 11:00
Three powerful catalysts make this high-flying eVTOL stock worth holding despite traditional profit-taking rules.Conventional trading wisdom suggests selling half your position when a speculative growth stock doubles. This "sell-half" rule helps lock in profits while letting winners ride, protecting investors from the violent reversals common in early stage companies. Yet despite my 106% gain on Archer Aviation (ACHR 4.50%) from my $2.92 average cost basis, built through careful position scaling during mark ...