Whether you take your principle off the table should depend on your trading strategy. With specs, I personally, wait for the price to double and then let it ride - taking my principle at the first serious pullback. With MIS I actually tripled my dosh before there was a serious enough pullback for me to offload to free-carry status. MCR and AOE same - made multiples on entry price before taking principle.
If you are confident in the company's prospects then let your profits run, just be ready to act if the market has a spaz attack - mind you, LYC held up very well in the Chinese meltdown last March.
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LYC
lynas rare earths limited
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$10.05

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Last
$10.05 |
Change
-0.085(0.84%) |
Mkt cap ! $9.424B |
Open | High | Low | Value | Volume |
$10.13 | $10.14 | $10.01 | $8.939M | 886.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 11193 | $10.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.05 | 6314 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 7746 | 10.040 |
23 | 26687 | 10.030 |
24 | 25649 | 10.020 |
20 | 11069 | 10.010 |
20 | 22075 | 10.000 |
Price($) | Vol. | No. |
---|---|---|
10.050 | 7524 | 18 |
10.060 | 12038 | 26 |
10.070 | 11616 | 19 |
10.080 | 6489 | 8 |
10.090 | 8627 | 10 |
Last trade - 11.29am 22/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |