đ„Trade Discipline: How Much Profit Is Enough to Exit a Tradeâ
Everyone shares signals. Everyone shares motivational quotes.
But very few talk about disciplineâand thatâs the real key to consistent trading success.
Letâs get real for a moment:
What does âenoughâ profit mean to you in a trade?
You've probably heard me say this beforeâbefore you enter any trade, you must be clear on three things:
1. Whatâs my entry point?
2. Whatâs my DCA (Dollar Cost Average) strategy?
3. Whatâs my profit target?
The third pointâyour profit targetâis where most traders lose their edge.
Hereâs a familiar story:
You enter a trade â it turns green â you donât book profits â it goes even greener â you still hold (dreaming of a 10x đ) â and then⊠it turns red. Now youâre just praying to break even. đ
Tell me in the comments if Iâm wrong!
Why does this happen? Simple: You didnât plan your exit.
Youâve seen me post screenshots saying things like, âBooked now. Let it go wherever it wants.â
Thatâs my discipline. Thatâs what âenoughâ looks like to me.
Let me help you build a simple, effective system:
If your first entry goes green by 9â10%âbook profits. No overthinking. Done.
If it goes redâgreat! DCA around 15â20% lower (as planned). Once the average is set, sell your DCA portion at your average cost to free up capital and lower your overall risk.
Whatâs the result?
Your average entry improves, your profit potential increases, and you now have capital ready if the market dips again. Your TP (take profit) remains the sameâbut your gains get a boost.
10% is more than enough.
And if your portfolio is over $3,000âeven 5% on an initial entry is solid.
One trade hits your TP? You exit. Period.
If you consistently secure 10% on each trade, you can double your capital in 10 successful trades. Yesâdouble it.
#CryptoDiscipline #DCAstrategy #TakeProfitWisely #TradingMindset