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A Hard Lesson on Greed & Trading Discipline.
I shared a chart idea where our entry was around 0.013. When the price surged to 0.028 (more than a 100% gain), I repeatedly tweeted and urged everyone to book profits.
Now that the price has dropped drastically, the question is Why didn't you take your profits when you had the chance?
Key Takeaways for Everyone..
Don't Wait for the Perfect Target. Many were only looking at the 0.07 target. Markets don't owe you a hit on your exact TP. If you see significant gains, secure them.
They are Watching Remember, big players and whales monitor these levels. They can dump on you right before your target is reached, leaving you holding the bag.
Why I Push for Spot Trading: This is exactly why I encourage Spot Trading. It gives you the breathing room to hold through volatility without the constant fear of liquidation.
Follow the Plan, Not the Greed. Profit on a screen isn't real until you hit the Sell button. If you ignore instructions because you want just a little more, you will often end up with nothing.
Next time you get a signal to book profit, do it. Protecting your capital is the first rule of being a successful trader.
Always move your Stop Loss into the green once you're in profit. Don't let a winner turn into a loser.
$INX



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