So i have read this line in many books and in forums "let your profits run"
I bought some GPT one month ago @ 49c and it has hit highs of 56c and then floated in between those 2 points. So I was at one stage about $1200 in front and today only $400 in front. After 1 month, i've only gained 4%.
My question is:
* Should i sell off and find some other stock that is moving. eg (GMG) or be patient? Im letting my profits run but it aint going anywhere :|
What would an experienced trader do?
Thanks in advance