Mostly members with some good strategy take profit at resistance and make new support buying for another entry and having better profit on this trade.
Booking profits at support or resistance levels based on whether you are going for buying or shorting will be a good strategy. But unfortunately, it is not that easy to spot out exact resistance and support levels which is the reason most traders are getting confused whether to book profits or not.
everyone who wants to start investing and wants to make a profit needs to learn and understand it
Booking profits for your investment is easier compared to profit booking in trading. Because, you can decide whether the profits made so far are enough for you kind of thing in investment but in trading it is time-dependent, you must need to go for it otherwise your profits will be missed out.