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Recently, the memory market has continued to strengthen. After SanDisk's earnings report, Micron and SanDisk memory stocks have surged again.
Practical advice:
• When profit margin reaches 100%: Withdraw the principal decisively;
• When profit margin exceeds 50%: At least halve the position;
• If using 2x long leverage: It is essential to reduce positions and recover the principal now.
Warren Buffett said the first rule of investing is: Don't lose money. The second rule: Never forget the first rule.
In fact, there is never a shortage of money-making opportunities in the market. Only by having the courage and determination to sell will you always remain at the investment table.
Of course, I am very bullish on memory, so I only sold the principal.
I remain bullish on memory for 26-27.
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