QANX Long Hold Paid Off — Consider Locking Profits or Letting Winners Run
I've held QANX for a long time and have realized massive profits from the position. The long-term stance paid off as the asset appreciated well above my entry.
Now I'm weighing whether to lock in gains or let some exposure run for further upside, while protecting profits with stops and position sizing.
Analysis
Recommendation
Consider taking partial profits to de-risk, set a trailing stop to protect remaining gains, and review allocation relative to your risk tolerance before deciding to hold further.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.