What to Do When You Hit a Stop

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By Steve Sjuggerud

Mania and euphoria have gripped the markets. The Melt Up is here, my friend.

That both excites and terrifies me.

It's exciting because the biggest gains are going to bold investors right now. And they could continue in the months ahead.

It's also terrifying because I know how things will end for a lot of the folks getting rich right now. And it ain't pretty.

It's too easy to fall in love with your stocks in times like these. And that can lead to crucial mistakes at the worst possible time.

One of those mistakes is not knowing what to do when you hit a stop. But it's really as simple as you probably expect.