✍ Convincing yourself of profits is not a random decision; it depends on a balance between:
1. The goals you set for yourself:
Were you aiming for a specific profit percentage?
Did you achieve it?
If yes, this is a strong indicator to stop or at least reduce the risk.
2. Your inner feelings:
Are you starting to feel greedy or overly anxious?
In that case, it may be the right time to partially withdraw. The market does not forgive those who cling too much to profits.
3. Market conditions:
If you notice signs of a correction or decline after a significant rise, it may be wise to be content with what you have achieved and exit before the opposing wave.
4. Comparison between return and risk:
If the expected profits become less than the potential risks, being content with what you have is a wise decision.
✍️ Contentment does not mean exiting the market entirely; it may mean taking some profits, protecting capital, or shifting to other opportunities.
Contentment in trading is not a weakness, but an awareness of risk and the limits of greed.
