Investing

Suggestions needed - Selling Stocks for 25% Profit

  • Last Updated:
  • Oct 15th, 2020 9:28 am
[OP]
Newbie
Oct 12, 2020
3 posts

Suggestions needed - Selling Stocks for 25% Profit

Hello Guys,

I have 3 stocks where I currently have 25% PROFIT, Still holidng them.

Need suggestions , Can i sell the stocks for 25% porfit or just Hold them ?

These stocks are in my TFSA Account

XBC
WELL
BPU
6 replies
Member
Sep 18, 2019
200 posts
126 upvotes
I am holding WELL now and will hold for long.
Member
May 4, 2010
243 posts
228 upvotes
Ottawa
No, your brokerage will only allow you to sell them at a loss
Deal Addict
User avatar
May 6, 2010
2847 posts
274 upvotes
Markham
No. Max profit is 24%.
Jr. Member
Jun 17, 2018
114 posts
87 upvotes
Hamilton, Bermuda
Cannot sell at a profit. That's a basic principle in finance: no free lunch.

If you sell at 25% profit, it entails someone is buying at a 25% loss... that doesn't work.
Jr. Member
Mar 17, 2020
120 posts
106 upvotes
depends on your strategy, are you a day trader or long term investor.

one of my stocks is up 40%, but i'm holding it for dividends for a long term

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