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Selling into strength is another topic we've gotten tons of questions around. Hopefully this 10 minute video answers them for you: — Main takeaways: 1) Stage 1 & 2 traders should have hard rules about when to sell stocks at different % gain levels. For example, you should be selling 1/3 at your average gain, another 1/3 at x multiple of your risk, and the final on a break below the 21-sma (2 closes below). 2) You always need to be on the lookout for extensions from key moving averages Oliver Kell has done a lot of work on daily & weekly extension counts, and using this to guide when he sells into strength. Some other guidelines to think about: → 10% from 10-day → 20% from 21-day → 50% from 50-day → 100% from 200-day Of course, these levels are highly dependent on the stock's character. If it's normal for the stock to extend 20% of the 21-day, there's no need to sell. But if it's 50% above, and it hasn't done this in 10 years, then it's probably smart to lock some in and take advantage of the strength. 3) When it feels "too easy". This is not a tangible sell rule, but is one you can follow when you're up a ridiculous amount in a short period of time — ultimately when you're making so much money that it doesn't feel sustainable. These types of runs happen from time to time, and locking in gains when this is the case will only help your equity curve. 4) % Up In a single session rules or other technical patterns. Many traders like Leif Soreide take advantage of massive upside bars to lock in partial gains. Look for: → 10% up in a single session → Major earnings reaction bars → Upside exhaustion moves (up 12/15 days in a row) → Breach of upper channel/trendline — At the end of the day, selling is an art that you'll continue to perfect as time goes on. It'll never be 100% accurate, but implementing some of the rules above, you're better prepared to capture the strength the market is gifting you. As they say, you either sell into strength or you sell into weakness.

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