2026-01-19 06:30:15

I received a suggestion that this month I should learn to take profits when the time is right. I thought to myself, that sounds pretty good.

After some consideration, I decided to follow this approach—divide my position into two parts and sell half first.

And what happened?

This "take profits when the time is right" turned into: as soon as there's a little profit, I immediately clear the position.

The current situation is quite awkward—those parts that didn't take profits in time are gradually losing their gains, and the hard-earned money is shrinking before my eyes. If I had truly followed the strategy from the start, I would have exited in stages at reasonable points.

This has been a costly lesson: taking profits may seem simple, but executing it requires a real understanding of the market and strict adherence to your trading rules. A superficial understanding of the strategy often results in greater losses than having no strategy at all.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

25 Likes

Reward
25
9
Repost
Share

Comment

0/400

0xLuckbox

· 01-22 05:49

Listening to your advice is not as good as losing some money.

View OriginalReply0

ChainDetective

· 01-19 19:20

A half-baked understanding is indeed worse than having no strategy at all; I totally get that.

View OriginalReply0

metaverse_hermit

· 01-19 10:20

Oh no, this is just me. I took a suggestion and went crazy, and ended up losing even more.

View OriginalReply0

AlphaBrain

· 01-19 06:58

Oh no, this is the so-called armchair strategizing. It sounds right, but when it comes to action, it's all wrong. --- Basically, it's a mindset issue. Everyone can talk about taking profits, but when it's actually time to act, they panic. --- I've been there too. Going from taking profits when things look good to taking profits just for the money. In the end, I didn't get anything and even ended up smiling through the losses. --- The key is to have the patience for compound interest. Not every rise needs to be chased to the sky. --- That's why I now set take-profit orders to lock in gains immediately—out of sight, out of mind. --- Half-baked knowledge is the most dangerous. Not understanding at all isn't too bad, but making reckless moves with half-understanding is what really risks losses.

View OriginalReply0

RealYieldWizard

· 01-19 06:57

This is the result of listening to others' advice with half understanding—greed and fear playing together, and in the end, everyone loses. Really, taking profits is easier to say than to do; the main fear is greed causing you to give back all your profits in a moment. Once you understand, the rules should be either strictly enforced or not set at all; the in-between state is the most costly. Saying "take profits when the time is right" sounds good, but in reality, it depends on whether you have confidence in your trading system. What did this round of operations teach you? Next time, should you first set your take-profit levels in advance before acting?

View OriginalReply0

AirdropATM

· 01-19 06:57

Hey, this is a typical case of "understood but not learned." Taking profits is easy to talk about, but doing it is all tears.

View OriginalReply0

HypotheticalLiquidator

· 01-19 06:55

This is a typical case of risk control threshold breach. A half-baked understanding of the strategy is like setting a landmine for oneself, and in the end, a chain of liquidations is just around the corner. Healthy factor values keep declining, but no one cares until the liquidation price approaches, then it's too late to regret. The core issue with mentality is a flaw in position management. This time, it's really a lesson learned. Take profit and stop loss are both thresholds; most people simply can't cross them. Watching profits evaporate is more painful than losing money directly, and this is a sign of systemic risk. The strategy was not executed properly; it's even more dangerous than having no strategy at all.

View OriginalReply0

FlatTax

· 01-19 06:48

Hearing you say that, I just laughed. Really, this is a classic example of the gap between "theory and practice."

View OriginalReply0

PhantomMiner

· 01-19 06:39

This is the legendary "understood the principle, learned the opposite"

View OriginalReply0