Many people earn and do not exit, ultimately resulting in losses, the root cause being the inability to take profits. I am a risk management observer and an independent trader. Today, I will share my method for taking profits during a trade, adhering to discipline and avoiding greed, securing gains. This is solely a personal experience sharing and does not constitute investment advice.
1️⃣ First take-profit point: realize a profit by exiting half 2️⃣ Second take-profit point: further reduce positions as the trend continues 3️⃣ Remaining position: use stop-loss to protect profits
Do not be greedy during the last segment of the market, only earn what you understand and can hold on to.
Investment carries risks, and one must be cautious when entering the market.