Quote from: Bodhinium on Today at 09:11:39 AM

Yes be patient for your profit, but when it comes time to take profit, take it!

I have made the mistake in the past to be very patient, make a generous ROI, but did not take profits because at that time I did not know when it reached the top, thinking it could go higher.

Then I waited patiently for it to go higher but kept going down and never took profits.

That's when I wanted to understand trading better so I could anticipate better on good entry and exit points.

We don't need to speculate to want high profits but need to determine the profit is not too high because it is likely to be achieved, I am also experienced because I don't take profit and the worst possibility happens that the market will correct to cover it with losses.