Question
-
profits taking out too early?
7 Answers
<p>When you trade, you have no way of knowing what will happen in the future. Just because it turns out that you could’ve made more money if you had held on doesn’t mean that selling was the wrong decision. You can only make a decision with the information that you have on hand at the time.</p>
7 Views
<p>I don’t think that I will be able to give you a particular amount here. Forex market is quite unpredictable, and it is difficult to talk about the profits that you can expect to make. Besides your investment, there are a lot of factors that determine your profits like your trading style, currency, lot size, etc. It is also about making the right trading decisions at the right time. Your profits can change in seconds. That’s the reason why some people use algo trading to not miss even a single entry that can give them great profits.</p>
6 Views
<p>You take the profit if your plan works. You shouldn't have much profit left when you take your profit if your plan is correct. We always want to reach our target point and take our profit there. It shouldn't have any other concerns if you have successfully taken your profit at the target point. Profit from it and enjoy it.</p>
5 Views
<p id="isPasted">It is impossible to take a profit too early when trading because you do not know what the future holds. Even if you could've made more money if you'd held on, it doesn't mean that selling was a bad decision. A decision can only be made based on the information available at the time.</p><p>Traders who succeed close out their trades and move on to the next. If you review your past trades, you may be able to learn something from them. However, nobody will keep looking over your old ones and whispering, "if only...". </p>
4 Views
<p id="isPasted">Don’t look back.</p><p>Trade your plan. If your plan works, it works, and you take the profit. If your plan is correct, there shouldn’t really have much profit left when you take your profit. I mean, we always want to get to our target point and take the profit at our target point, if you have successfully taken your profit at the target point then it shouldn’t have any other concerns. take the profit and enjoy it.</p><p>If it surpasses your expectation, then analyze and make the next plan and trade again.</p>
3 Views
Please select pages to share
shared
