You should (ideally) be taking profits on the way up incrementally (laddering out just as you laddered into the position).<br><br>This takes pressure off having to time the top.<br><br>But when it comes to a major de-risking, be on high alert for signs of froth.
You should (ideally) be taking profits on the way up incrementally (laddering out just as you laddered into the position).

This takes pressure off having to time the top.

But when it comes to a major de-risking, be on high alert for signs of froth.