The Success Syndicate

With the creation of the /insider-trading channel, I’ve realized just how many people are learning to trade. So, tonight we’ll talk about trading strategies! 

Here are a couple that I think are important:

1) Layering out to take profit: One of my biggest challenges has been knowing when to take profit and when to hold. I tend to either sell too early and miss the majority of profit or hold too long and round trip stuff. 

Lately though, I have been layering out of positions and it works much better. Things are pumping? Sell 25% and re-assess. If it keeps running, keep taking some off the table. But always leave yourself a moonbag - unless you’re sure it’s all deadweight. 

2) Cutting your losses. Sometimes you have to cut a position at a loss to put the money to better use. This shouldn’t be done lightly though as it’s a quick way to burn through your funds. That said, don’t be afraid to cut a loser. 

What about you? What trading strategies do you use most often or find the most effective?

No strategies bro.. I always incur losses in trading. Never have been in profit. People will not believe me.. but if i start trading in Bullish market and opt for buy then from the same day it starts getting down and the moment i sell it goes up, so maybe my luck is too bad in this 🤣🤣 I don't do trading only long term 😁

Good morning /success fam.. Have a great day 🫂

New to the world and forever in the afterlife.