How do you determine your investment goals and horizon?

[deucher]

It was once difficult for me to determine the moment when it is necessary to fix the profit and also how much to X, because it is not always necessary to close the position completely, and it is possible to do it even by 50 percent. And that's why sometimes yaya could not make a profit due to the fact that the price has already been adjusted. But now that I have gained experience, regardless of the price, I fix my profit when it reaches 10 percent, then at this mark I take 5 percent of the invested funds. And then for every 20 percent increase in prices, I fix 10 percent of the return on investment

[BigBull]

I first assess my financial needs and future plans. For example, I want to buy a house in five years, so my goal is to save a down payment. I consider my risk tolerance and investment time frame; for this medium-term goal, I choose a balanced portfolio of stocks and bonds to ensure growth and stability.