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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$9.76

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Last
$9.76 |
Change
-0.250(2.50%) |
Mkt cap ! $9.115B |
Open | High | Low | Value | Volume |
$9.94 | $9.95 | $9.68 | $41.03M | 4.192M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 8627 | $9.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.77 | 8310 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 7197 | 9.730 |
19 | 8752 | 9.720 |
12 | 11214 | 9.710 |
15 | 68674 | 9.700 |
9 | 7780 | 9.690 |
Price($) | Vol. | No. |
---|---|---|
9.740 | 2646 | 10 |
9.750 | 10207 | 21 |
9.760 | 14948 | 16 |
9.770 | 8521 | 15 |
9.780 | 7841 | 12 |
Last trade - 12.04pm 17/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |
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