I have a Trading 212 pie with multiple stocks and it’s currently doing well (+11.32% overall). I’m up about €423 in profit right now.
I was thinking about selling just the profit part (so not my original investment) and then buying back later during a dip, since the market has been dropping for a few days in a row.
My reasoning is that if I sell high and buy lower, I could increase the number of shares I own without adding new money.
But I’m not sure if this is actually a good strategy or just trying to time the market.
What do you think? Is it ever smart to take profits like this and try to re-enter lower, or is it better to just leave everything invested and let it run?
The stocks in this pie are:
Kioxia @ 20% Western Digital @ 15% Sandisk @ 12,5% Seagate @ 12,5% AMD @ 10% Micron tech @ 10% SK Hynix @ 10% IonQ @ 5% Samsung @ 5%