Content
@
https://warpcast.com/~/channel/success
0 reply
0 recast
0 reaction
Maretus
@maretus
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?
29 replies
21 recasts
69 reactions
joy1444.eth🎩🍖Ⓜ️
@joy1444.eth
I really like the idea of layering out to take profits it's such a balanced approach to manage both risk and reward. Cutting losses is definitely something I struggle with at times, but your point about not being afraid to cut a losing position really resonates. Personally, I focus on setting clear stop-loss and take profit levels before entering trades, which helps me stick to my plan without emotions taking over. Thanks for sharing your strategies
0 reply
0 recast
0 reaction
