Here’s why many beginners struggle to book profits in a bullish market:
Fear of Missing Out (FOMO): They keep holding, hoping the price will climb higher but when the market reverses, gains vanish.
Panic Selling Too Early: Some exit at the first small dip, securing tiny profits while the trend still has strength.
No Profit-Taking Plan: Without clear targets or partial booking strategies, emotions take control.
Greed Over Timing: Waiting for “just one more pump” often ends with losses when the market cools down.
Pro Tip: In a bull market, set multiple profit targets and book partially at each. This locks in gains while keeping some position open for potential upside.
Do you secure profits step-by-step or ride the wave till the end? Share your strategy below!
DYOR | Not Financial Advice