RE:Profits locked in
Locking in profits is great and all but when you have much longer term price targets and things are just getting started, locking in profits now simply to try to time the market and buy the dip is going to eventually burn you one way or another. Whether its having to buy back in at a loss, or not buying back in at all and missing out on potential 5-20x gains while you lockin your 1.5x or 2x.