WSB trader shares 20% profit-taking rule as early reversal warning signal

A WSB trader describes using a 20% gain alert as a sell signal, noting that the notification frequently precedes a reversal, and says they only hold past 20% on long options positions. Commenters largely critique the strategy, arguing capping winners at 20% while letting losers run is a losing approach and suggesting trailing stops or higher profit targets for options instead.

Why it matters: One comment claims OP made ~$72.6k in a week using this method, adding to the divide between disciplined risk-takers and those who prefer letting winners ride.