Frank Morishita
--
To take profit or not? The great trading question!
Imagine: you opened a trade, the price went your way, the account is growing, and suddenly it’s +20%, +30%, +50%… And then a little devil-trader sits on your shoulder:
— 'Hold on a bit longer, what if it doubles!'
And on the other shoulder, an angel with a calculator:
— 'Close it now, take profit, that's already good money!'
The question 'To take profit or not?' is not just about money. It's about psychology, strategy, and statistics.
— 'Hold on a bit longer, what if it doubles!'
And on the other shoulder, an angel with a calculator:
— 'Close it now, take profit, that's already good money!'
The question 'To take profit or not?' is not just about money. It's about psychology, strategy, and statistics.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
4
0