Selling vs holdingI've been in this market for around 4 years and the biggest mistakes I've made have been selling and not holding.
"You can't go wrong taking a profit" is dumb advice. Read Jesse Livermore. Big money is made by sitting. I have left so many thousands of dollars on the table because of selling.
This is a multi-year bull market. Buy and hold and get rich. If you're a great trader, maybe you can get in and out and do very well. But in this kind of market, technical analysis is not very helpful. Things can be overbought for weeks.
In this gold market, buy and hold for 5 years at least. IMHO.