I once wrote that you hold losses like a war god but hold profits like a coward to criticize trader weak psychology but in the current uncomfortable sideways market context perhaps we need to re examine this issue through a different len
🔹 When the market fluctuates strongly without a clear trend wide range sideways taking profit early eating small becomes the most effective survival tactic helping you preserve capital and have steady profits instead of holding profits then watching them evaporate
🔸 In times like these the socalled profit holding war god is actually a stubborn greedy person turning winning trades into breakeven or losing ones while the coward who knows enough is enough is the only one bringing money home
🔹 Courage in trading is not blindly holding positions to the end but flexibility knowing when to advance and retreat according to the market breath sometimes retreating to take profit early is the bravest action because you have to conquer your own greed
🔸 Perhaps we should redefine that the winner is not the one who holds profits the furthest but the one who knows how to turn paper profits into cash in pocket regardless of being called a coward or weak hearted
Do you choose to be a profit holding war god only to end up empty handed or a coward with pockets full of money?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
