đ LESSON 5 â Take Profit Strategy (When to Exit a Trade)
Most beginners lose profits because they donât know when to sell. They enter correctly⊠but exit emotionally. Lesson 5 fixes that. --- â 1ïžâŁ Identify Your Exit Before Entering Always plan: TP (Take Profit) SL (Stop Loss) If the plan is not ready â donât enter Trading without exit = gambling --- â 2ïžâŁ Use Resistance Levels as Target Very simple: â Enter near Support â Take Profit near Resistance Because price usually bounces between these two areas. đ Support = Buy Zone đ Resistance = Sell Zone --- â 3ïžâŁ Reward > Risk Ratio (RRR) Professional traders follow: > Minimum 1:2 Risk/Reward Ratio Example: Risk: $5 Reward should be: $10 or more Even with 50% win rate â you still profit long-term --- â 4ïžâŁ Donât Exit Too Early đŹ Beginners sell after tiny profit because of fear. Trust your plan â follow TP â donât panic. --- â 5ïžâŁ Trail Stop for Bonus Profits If price moves up strongly: Move SL near entry or last candle low You lock profits while letting trade run Smart + safe strategy. --- đ Simple Example Entry: $1.00 SL: $0.95 â Risk = $0.05 RRR 1:2 â TP = $1.10 RRR 1:3 â TP = $1.15
Clear plan. No stress. --- â Quick Checklist Before Entering Yes/No TP decided â SL set â RRR â„ 1:2 â No emotional exit â --- đ„ Motivation Quote > âAnyone can enter a trade. A professional knows when to exit.â --- > Do you set a Take Profit before placing a trade? YES or NO? đ$SOL $RENDER {future}(SOLUSDT) {future}(RENDERUSDT)
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