Post
Topic
Board Trading Discussion
Re: No one has gone broke taking profits, always take profits.
by
Johnyz
on 19/01/2024, 13:03:15 UTC
Professional trader will always have their target price and will not be fooled by any FOMO or FUD as they are more focus on their own analysis.
For long term holder of course this can only apply depends if their target profit already hit or they are still willing to hold for more.
The market is very unstable, you have to know your target so you can take advantage of your paper profit and turn it into real profit. Take profit once you're happy, and what ever the amount is, that is still a good profit.