I believe my questions fits here best.
How do you protect your short term investments in single stocks?
I understand that most investors here are into passive investing into ETFs and there are also a few „active investors“. (Happy to keep that discussion aside)
I acquired a few single stocks a while ago (mostly tech sector) and I’m not certain how to proceed. For example swatch: acquired at ca. 180, now they‘re around 227. Previously announced target was around 220. My amateur approach would be to place either a stopp loss order with 225 or potentially a trailing stop order, as I don’t know how much it will gain in the future.
What is the approach of other single stock investors?
Keep your winners running and ignore analysts. Price targets usually follow the price, not the other way around.
Trailing stop order with 10% lower price than current is what I would do.