๐จ Book a share of your profits... and stay in the trade โผ๏ธ
(Important topic) ๐
How many times have you been in a trade, and the profits are multiplying in front of youโฆ and suddenly the market reverses?
You end up losing or with no profit !!
๐ The solution is simple but requires discipline:
Use the trailing stop loss, which means as the currency rises, gradually move the stop loss closer ๐
So if there is a sudden reversalโฆ you at least exit with part of the realized profit, and as long as you are committed to setting the trailing stop loss, believe me, you will exit with a big profit ๐
โ Do not squander profits
โ Do not chase peaks
โ Contentment is a treasure, and the smart trader always wins because he protects his profits before his capital ๐
๐ Pay attention, pay attention, pay attention to leaving your trade open without adhering to a stop loss.
One time I was in a trade and was winning over $400, and I was confident that the currency would continue to rise!!
Suddenly, I opened the platform and was shocked by a very big drop, and thank God I exited with only $30 profit ๐ฅฒโ
Do not trust the market because after every rise comes a fall ๐
Good luck to everyone ๐
@ALKING_TRADER
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