Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?
If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?
Basically, it's important, and it's worth noting, it depends on you... whether you are a more active or passive trader, if it's active... there's nothing wrong if you take steps like that, little by little anyway... if it is obtained frequently, it will be more profitable.