💯 Smart Strategy for Managing Profits in Our Trades
When a trade reaches one of its targets, it is not advisable to close it entirely. Instead, follow these steps to maximize benefits:
1. Withdraw the original capital: 💵
Withdraw the original entry amount upon reaching the target to secure your investment and reduce risks, as we do in our trades.
2. Leave the profits in the trade: 💰
The realized profits are left in the currency to continue growing with upcoming market movements.
⁉️ Illustrative Example (from our trades):
• The trade was entered with an amount of $10,000.
• Upon achieving a profit of 4% = $400, $10,000 (capital) is withdrawn, and the profits ($400) are left in the trade.
Benefits:
🔒• Capital Protection: Recovering the original amount provides greater security.
📈• Profit Growth: Investing profits enhances returns over the medium and long term.
This approach is part of our trade management mechanism and has proven effective in various market conditions.
Apply it in your upcoming trades… and you will notice the difference.
#TradingPsychology
