🔝Why lock in profits in stages?
Simple Logic: Markets rarely move in a perfectly linear fashion.
Therefore, it is advisable to secure partial profits at the initial target and allow the remainder to either run or trail your stop.
Example:
The entry fee is $100.
The first target is set at $105, representing a 50% take profit.
Please hold the rest at $110, or we will have to consider a delay to reach breakeven.
Even if the price reverses at $106, you will have already booked gains.
The Rationale Behind This Approach:
This feature is designed to safeguard you from situations where you nearly achieve your objective, but then have to back off due to unforeseen circumstances.
This will reduce your stress, allowing you to focus on your business and generate profit.
This feature allows you to capitalize on emerging trends while maintaining a diversified portfolio.
Application Process:
Please set two targets: one that is conservative and one that is ambitious.
Please adjust your stop to breakeven after realizing a partial profit.
It is not advisable to be overly ambitious. Achieving 50% of the first target is a reasonable and attainable goal.
Bottom Line:
The market is currently experiencing significant turbulence. Partial profit-taking can transform that volatility into consistent gains.
Avoid waiting for the ideal take-profit point, as this can result in waiting for an inopportune moment.
