The are quite a number of different stock investing strategies. We can choose which ones fit us best. But sometimes the choice isn't all about what we want.
The stock market is a chaotic place. A lot of things can happen. And, like most other things in life, different situations call for different actions.
To be honest, cost-averaging over the long-term is still the best approach. It's easy, simple, hassle-free, and - best of all - emotionless. Emotionless until the euphoria of finally pocketing your gains, that is.
But there are times when your goals are not so long-term. And times when, after a long-term investment, you may be looking to end on a "high" note, so to speak. Or perhaps your goals are just too steep, and by necessity are forced to maximize your earnings.
If one of those is the case, it pays to adjust your strategy to the situation at hand.
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