Post
Topic
Board Trading Discussion
Re: Maximizing profits, a skill every trader should know.
by
crwth
on 09/07/2025, 10:39:40 UTC
~snip
Sometimes it is indeed the greed of many traders who fail because they want too much profit but in reality they regret not taking profit at the right time. Discipline is important but some traders still violate this rule including from patience that they cannot control, so indeed for trading we must be able to control all of this must be balanced with what is done.
Oof. Not taking the profit at the right time is a stinger for me. I have trades that I should've taken profit with, but it was lost because I felt greedy and felt that it could go even higher. I should've switched positions, but I couldn't do anything about it anymore.

The best strategy that I have when it comes to taking profits is that "If it's worth sharing, it's worth taking" Like when you share screenshots or captures of the trade, it's possibly a great time to TP as well.