$1000CHEEMS A Costly Lesson: Don't Let Profits Turn into Losses 🧠
🚀1000CHEEMS Long Update🚀
Another lesson for all of us: The price crossed TP3 and reversed. I missed the best time to take profit. Close the trade, no luck, no holding on any longer.
Scenario: The order hit TP1, TP2, and TP3 – but someone (including me) didn't close at the peak, and the price reversed. Profits may have been eroded, possibly even hitting the stop loss. But the important thing is to learn from this for next time.
Looking back at the plan:
Long-term trading plan: 1000 CHEEMS (20x)
Entry price: 0.000570 – 0.000578
Stop loss: 0.000560
Take profit 1: 0.000590 ✅
Take profit 2: 0.000603 ✅
Take profit 3: 0.000620 ✅ (then reverse)
Missed the opportunity at the peak? No problem. The important thing is there's still a chance tomorrow. Don't regret it, don't rely on luck. Close the trade, learn from the experience, and live to fight again.