The Success Syndicate

Knowing when to exit a trade is just as important as knowing when to enter. 

A lot of bad trades and decisions can be avoided by following the rule of doing business only in your predefined areas of interest. Most of the time, having a pre-set TP/SL is better than adjusting it mid-trade, especially if you're less experienced.

Plan the trade, trade the plan. ✍🏻

Solid advice 🤝

I tend to be longer term oriented and sometimes get caught holding past where I roughly planned to sell. If it’s a high conviction bag, prob ok. If it’s a hyped token/nft you can get burned badly 

🍖 x300

I know the feel bro, I did my share of bagholding in the past 😅

"Everything is gonna go up eventually" is a dangerous mindset to have in these types of situations 🤷🏻‍♂️

🍖 x 300

Sure is, let’s stay bullish crypto long term and still take smart profits this go around 🤝