In smaller positions, one should not exit the market too quickly with profits. It is better to secure a portion of the profits but also retain some for longer-term goals. The balance between risk management and profit potential is crucial.
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InfraVibes
· 3h ago
To be honest, being greedy with a small position is all it takes; I've already fallen into this trap of knowing when to take profits.
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ContractTearjerker
· 3h ago
I am someone who has seen too many tears on-chain.
You're right, that's the reason for not making big money... cutting it all off is more comfortable.
Greed is the biggest risk, really.
With a small position still wanting to go all in? Wake up, everyone.
I've heard this a hundred times but still can't execute it, I understand all too well.
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ContractExplorer
· 3h ago
To be honest, I've seen too many people lose money with this take profit strategy on small positions. The key is still to see what you really want, quick money in the short term or long-term gains?
In smaller positions, one should not exit the market too quickly with profits. It is better to secure a portion of the profits but also retain some for longer-term goals. The balance between risk management and profit potential is crucial.