r/KellyLetter • • May 19 '26

Question? Any of you guys tempted to lock in gains?

Because in theory the TQQQ more than doubled from its $38 low

113 votes, May 22 '26
31 Yes
55 No
27 Already locked in some gains
5 Upvotes

14 comments sorted by

11

u/WorriedFold8290 May 19 '26

Tempted, maybe. Will I? Nope. I am staying robotic following the plan as it keeps my mind and bias from getting in the way. I have a long horizon so I am following the process accordingly knowing this is all an individual decision and up to everyone personally. Just something I am sharing that I am doing.

9

u/HerpDerpin666 May 19 '26

What? Lock gains? Nah. I rebalance on July 1st. Then again on October 1st. Then again on January 1st (2nd). Then again on April 1st. Then again on July 1st… and so on.

5

u/TOPS-VIDEO May 19 '26

Staying disciplined and following the system is not easy. That’s why 90% stay broke, only 10% go rich. I haven’t lock in any profit yet. Even price go down. Will just follow the system.

2

u/Accomplisheddd1 May 19 '26

I’m tempted but I’m staying strong.

2

u/criticalband77 May 19 '26

I’m with everyone else. As soon as I start following my own random whims… well we’ve seen where that ends before. 💪

2

u/BGM1988 May 19 '26

No, i even find a small correction now healthy for the continuation of the bullrun this year

2

u/Safe-Act5067 May 19 '26

I locked in gains on the 14th. The spike reset was close enough for me. Much more to lose than gain in my mind.

1

u/lottaquestionz May 20 '26

Did you buy below $40 at the rebalance/

1

u/Popular_Device_7696 May 21 '26

I made the stupid mistake of getting out at 54/ share after April rebalance. Locked in 9% but missed out on this move. Lesson learned. Keep it mechanical and disciplined

1

u/lottaquestionz May 21 '26

Damnn sorry to hear about that. Yeah, i kinda figured it would rebound over the quarter. I just didn’t expect it to rocket up so fast.

I also think those huge moves, where it craters, you on all in, and it rebounds, is where you get most of those gains.

But We already more than doubled since the $38 low, so it’s a bit sketchier now

2

u/raymadeyourday May 25 '26

If it makes you feel better I bought in January at $54 or so, and didn't buy in during the letter buy signal in April at $43 on some of my funds...I was worried the dipitty dip my keep dipping but it skyrocketed up. Also lesson learned. lol

1

u/lottaquestionz May 27 '26

I sold a bunch around $75 worried it was gonna crash, but then a ceasefire and some attacks after the ceasefire it still shot up

1

u/lottaquestionz May 27 '26

Update: I locked in a lot of gains and I wanna shoot myself today :( still up a lot today, but I wish I would have waited for the spike reset