To keep you informed, I have closed my $OG short. I think a bounce from $3.3 price zone might happen. Currently seating on $700 million plus market capitalization.
I might not be able to keep you updated with the time I close my positions, as such, you must learn how to take profit-
So how to do you know when to take profit from your positions—
There is no set rule but there exist perimeters that might guide your actions of when you take profit or exit a trade.
(1) Be guided by your weekly profit target
(2) Be guided by your profit target on each trades which should be mostly based on support & resistance
(3) Be based on the fundamentals driving the growth of the project
(4) Be based on the general market condition (bearish or bullish).
(5) Be based on how long you are willing to hold
(6) Most importantly, be based on your risk-to-reward ratio.