I took profit on half of my $LAB position at 22.22, catching the local top perfectly. For the remaining half, my target was a 25% gain, with a stop-loss set at 17.8 to lock in some profit.

In hindsight, I got a little too greedy. If I had closed the entire position near the top, I could have secured an additional $50K. Instead, I'm holding the rest with only a few thousand dollars of profit left. If price hits my stop-loss, I'm out of the trade.

Lesson learned: taking profits is never a bad decision. Protecting gains is just as important as finding the right entry.👇

LAB

Alpha

10.79

+15.06%