#ArizonaBTCReserve 1. Set a Target Price
Decide before entering the trade where you want to take profits. For example:
If you buy a futures contract at ₹100, you might aim to sell it at ₹110.
If you sell short at ₹100, you might aim to buy back at ₹90.
2. Use Take-Profit Orders
Most trading platforms allow you to set a take-profit (limit) order:
This automatically closes your trade when your target is reached.
It locks in your profit without needing to watch the market 24/7.
3. Trailing Stop-Loss
A trailing stop adjusts as the price moves in your favor. It protects profits if the market reverses:
Example: Set a trailing stop ₹5 below the highest price if you’re in a long position.
4. Monitor Support & Resistance
Use technical analysis to find levels where price might reverse. These are often good take-profit zones.
5. Don’t Be Greedy
Markets can turn fast. It’s better to book a decent profit than to lose waiting for more.