📚 Quick Information (Very Important)
Don't have an exit plan? That means you don't have a profit plan.
🚨 Most people only plan for (buying) and forget the most important step: (when to sell? And how?)
The right strategy is not just to buy a currency and wait for it to rise; you must have a plan. And this is my plan:
- Sell a portion at the first price target.
- A second portion if the rise continues.
- And I might keep a small portion for the long term.
☝️ If the market drops, you have an emergency plan which is (stop loss) or reduce risk by gradually withdrawing.
Profit is not about luck.. profit is about planning.